455 Orange Ave, Saint Cloud, FL 34769
4 beds · 3 baths · 2,376 sqft
Welcome to Your Dream Home! Nestled on an expansive 0.82-acre lot with NO HOA, this well-maintained property offers endless possibilities. Whether you need space for your RV, boat, or trailer, this land gives you the freedom to create the lifestyle you've always wanted. Located just minutes from Lake Toho and Lakefront Park, this home offers the perfect balance of tranquility and convenience. Enjoy quick access to US 192 and the Florida Turnpike, making shopping, dining, and entertainment close at hand. Plus, the sought-after Lake Nona area is just a short drive away, providing even more options for work, play, and leisure. Step inside and be greeted by a bright and airy concept design that boasts modern style and natural light throughout. The home features laminate flooring throughout and tile flooring in the spacious primary bedroom. The kitchen is a true highlight, complete with an eat-in area, stainless steel appliances, and plenty of room for your culinary adventures. The primary suite offers a relaxing retreat with a large walk-in closet and an ensuite bathroom that includes a double sink vanity. The remaining bedrooms provide ample space for family or guests. Entertaining is a breeze with the large screened-in lanai, perfect for hosting gatherings or enjoying quiet evenings outdoors. Plus, an additional structure in the backyard adds even more versatility – ideal for a game room, storage space, or a home office. With its prime location and thoughtfully designed features, this home combines comfort, style, and convenience.
Source: STELLAR #o6240716
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6240716
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: #o6240716
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.