4442 HUMMINGBIRD LN, Haines City, FL 33844
NEW PRICE!! ASSUMABLE LOW RATE LOAN on this almost NEW home! Nestled in a serene neighborhood, this single-level, built in 2021, home offers a modern open floor plan perfect for comfortable living and entertaining. Boasting 4 spacious bedrooms and 2 well-appointed bathrooms, this residence seamlessly blends style and functionality. Upon entering, you're greeted by an expansive great room with a beautiful contemporary kitchen equipped with stainless steel appliances, and a large island. Ample cabinet space and a walk-in pantry provide excellent storage, making meal preparation and entertaining a breeze. The living and dining areas flow effortlessly from the kitchen, creating a perfect space for gatherings. High ceilings and recessed lighting enhance the sense of openness, while wood look LVP flooring adds to the practicality of easy clean up. The primary bedroom serves as a private retreat, featuring a spacious walk-in closet, and an en-suite bathroom with dual sinks, a luxurious soaking tub, and a separate glass-enclosed shower. The additional three bedrooms are generously sized. The split bedroom floor plan with two bedrooms and a second bathroom near the front of the home and a third additional bedroom near the primary suite is perfect as simply a bedroom or to be used as a home office. Step outside to enjoy your morning coffee or host a weekend barbeque on your covered patio. A nice sized back yard is a blank canvas for a new owner to design a beautiful outdoor space with lush landscaping, a fire pit area or there is plenty of space to add a pool This home also includes a spacious two-car garage with additional storage space and a dedicated laundry room that has a built-in folding table located inside. Located in a friendly community with easy access to schools, parks, shopping, and dining, or be at the beach on either coast in less than two hours.
You may be able to put down less than the total down payment amount of $91,231 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #s5109087
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.