424 Cinnamon Dr, Kissimmee, FL 34759
4 beds · 3 baths · 2,187 sqft
Great opportunity to acquire this two-story timeless design Mediterranean corner home, located on the desirable gated Tuscany Preserve Community. This elegant home features four bedrooms and two and-a-half bathrooms, spread across 2,187 sq. ft. The exterior features a well-mantained facade with large windows that allow plenty of natural light to pour into the rooms. Upon entering the doble doors, you are greeted by a spacious foyer leading to the formal living room, which boast an open floor plan and high ceilings. Adjacent to the living room you'll find a large dinning room area, ideal for enternainig or family gathering. Next you will find a fabulous kitchen with real wood cabinets and granite counter tops, high-quality appliances and a breakfast bar connected to the kitchen nook and the family room. This home provides ceramic tiles throughout the first floor, including the half bathroom & laundry room. The master suite , on the second floor, comes with a spacious layout connected with the master bathroom, featuring a double vanity, a large soaking tub, a walk-in shower, and high-end granite counter tops. All remain 3 bedrooms and the second bathroom are also well distribute on the second floor. The Water Softener conveys on the purchase price. The corner .39 Acre lot location provide extra privacy and space, with a well landscaped yard that enhances the overall curb appeal of the property. Enjoy the great facilities within this community, influding a Clubhouse with a GYM, a tennis & basketball court, a kiddy pool and community pool. Included on the HOA fees are; Cable T.V., Internet, Groung Maintenance, Security, Painting on the of the entire outside of the house, and roof tile cleaning, and don't forget the benefit of living on a Gated Community. Don't miss out! This is the perfect home for your family.
Source: STELLAR #s5110301
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5110301
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #s5110301
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.