4408 Turnberry Ln, Lake Wales, FL 33859
2 beds · 2 baths · 1,047 sqft sqft
**REDUCED PRICE**** Move In Ready Home---4408 Turnberry Lane, Lake Wales, Florida 33859 is a 2 bedroom and 2 bath home located in Lake Ashton, a gated 55+ community with resort style amenities and activities. Offering wonderful curb appeal with a paver driveway, rock in the landscape areas and mature landscape. The covered entry at the front door is the ideal location for a small table and chair and a window located in the kitchen overlooks the front lawn and front door. When you step into this home to the left is the door leading to the double car garage and to the right is the kitchen and living room space with tiled floor. Straight ahead is bedroom 2 with tile floor, built in closet and separate door into the guest bathroom. The kitchen has a breakfast bar, ample cabinet and counter top space. The Dishwasher and Refrigerator have been replaced. The living room has triple sliders that open to the covered, screened lanai. Adjacent to the living room is the guest bathroom with shower/tub combo. A door in the guest bathroom provides direct access to the guest bedroom. The master suite with tile flooring is spacious and offers a walk in closet and master bath with walk in shower. There is a storage cabinet in the master bathroom. The home has a newer roof (4 Years Old) and the A/C unit has been updated, too. Make an appointment to tour this home in Lake Ashton. Lake Ashton has a large clubhouse with Grand Ballroom, Movie Theater, Bocee Courts, Shuffleboard Courts, Restaurant (Charm City), Card, Craft and Billiard Rooms, Bowling Lanes, Fitness Center, Outdoor Heated Pool, Tennis Courts. Two 18 Holes Golf Courses are located within the community. The Pro Shop and Eagles Nest are another amenities the residents enjoy. There is also a Heath and Fitness Center that has a large INDOOR heated pool, Fitness Center, Card, Craft and Billiards. Media Center, Pickleball Courts and MORE! Visit Lake Ashton Today and Tour this beautiful home today!
Source: STELLAR #p4931703
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #p4931703
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: #p4931703
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.