4417 Orangewood Loop W, Lakeland, FL 33813
3 beds · 2 baths · 1,938 sqft
(Attention Veterans! Secure a lower interest rate by assuming the seller's VA mortgage) Welcome to this beautifully updated Florida ranch home, nestled in the highly desirable Hallam/Lakeland Highlands neighborhood of Orangewood Terrace. With its thoughtful and delightful upgraded and inviting features such as new double paned energy efficient and hurricane impact windows installed throughout, brand new full HVAC system installed in 2024, brand new pool pump installed in 2024, newly installed roof 2021, newly installed septic tank and drained field system in 2020 located in the back yard, newly installed 2021 ultramodern washer and dryer, and updated and recently maintained water filtration system, this home is perfect for enjoying the Florida lifestyle providing you with the piece of mind of having all of these upgraded components and features throughout the home. Be entertained on walking into an open concept split floorplan and making your way into a huge formal living room hosting vaulted ceiling, and sliding doors that open to the screened patio and pool area, combining with a formal dining room ideal for hosting dinners and gatherings both sections have been recently and freshly painted with delighted and warmth colors all under newly installed mahogany life proof hard wood floors giving the property its curb appeal and that wow factor at its main entrance. Make your way into a lavish and stylish huge kitchen sitting right in the middle of the home having multiple ways of entry where you can enjoy an open space for your chef's delight all under brand new state-of-the-art stainless steel appliances, a newly installed gorgeous and stunning glass tile backsplash with decorative, stylish and glamourous epoxy countertops. Features include two closed-in pantries, ample cabinetry, and a versatile eat-in area designed with a black & white mason peel & stick embossed tiled wall and a pass-through to the outdoor bar/dining space. Lead the way to the spacious dining and family room combination hosting vaulted ceilings with brick design accent wall with a built-in cozy wood-burning fireplace, its French Doors leads to the ample screened pool lanai. The primary suite in this split floor plan hosts vaulted ceiling with an end suite bathroom featuring a newly re-tiled walk-in shower, dual sinks, and a large walk-in closet. The master bedroom sliding doors provide direct access to the pool area. The two secondary and generously sized bedrooms share a full bathroom with pool access. Large inside laundry room with outside access and a spacious two-car garage with attic storage. The newly screened pool area is an entertainer's dream, its three way entry from the inside of the home and the two way entry from the backyard's screened lanai offers ample space for your outside furniture, TV and recreation attraction to relax and enjoy the beautiful weather while soaking up those rays in the expanded secondary screened pool lanai. The extended backyard features a wrought iron and board fencing for privacy and extra yard space for your desires. Also included are all of the newly installed contemporary and modern fans and light fixtures throughout. This one-of-a-kind property comes with all of the upgraded and newly installed features all under one newly installed roof. Don’t miss your chance to own this South Lakeland gem! Schedule your private showing today and experience everything this home has to offer. DON'T WAIT THIS ONE WILL BE GONE IN A JIFFY!
Source: STELLAR #tb8328539
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8328539
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: #tb8328539
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.