4525 ORCHARD GROVE RD, Saint Cloud, FL 34772
Welcome to 4525 Orchard Drive, an inviting single-family home nestled in the picturesque community of Gramercy Farms in Saint Cloud, Florida. This residence boasts 4 bedrooms, 2 baths, and a 2-car garage. The exterior features a pavered patio and a screened lanai, while inside, an open floor plan showcases upgraded cabinets and granite countertops. Stainless steel appliances and easy-to-maintain tile flooring further enhance the home's appeal. Ceiling fans throughout ensure a comfortable atmosphere. Gramercy Farms offers a low HOA and an array of amenities including playgrounds, parks, and serene ponds. Conveniently located near Florida's Turnpike, residents enjoy easy access to Central Florida's attractions, theme parks, shops, and dining. This beautifully maintained 2017 property welcomes guests with a captivating garden at the entrance. Inside, three bedrooms, a guest bathroom, and a well-appointed laundry room provide functional living spaces. The kitchen features modern upgrades including granite countertops and a stylish stainless steel sink with an upgraded faucet. The open concept living, dining, and kitchen area is perfect for both casual gatherings and quiet breakfasts. Outside, the covered lanai and spacious fenced patio with brick flooring offer an ideal spot for relaxation. The community amenities include a child park, making it a perfect choice for families. Situated in Saint Cloud, the home enjoys proximity to shopping centers, restaurants, and major highways. It's just 15 minutes from Kissimmee, 20 minutes from Lake Nona, and 25 minutes from Orlando International Airport. Don't miss the opportunity to make this exceptional property your own. Schedule your showing today and experience the epitome of comfortable living in the heart of Saint Cloud. This home can be purchased with no money down” Please Inquire for details!!!! <div style="padding:56.25% 0 0 0;position:relative;"><iframe src="https://my.matterport.com/show/?m=zgvLeg4AXFt&mls=1" frameborder="0" allow="autoplay; fullscreen" allowfullscreen style="position:absolute;top:0;left:0;width:100%;height:100%;"></iframe></div>
You may be able to put down less than the total down payment amount of $165,662 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: #s5107231