4722 Halliday Ln, Orlando, FL 32810
2 beds · 1 baths · 832 sqft
Get a free consultation call with an expert in the mortgage assumption process.
One or more photo(s) has been virtually staged. Stunning Renovated Home in Orlando – Priced below appraised value! This beautifully updated farmhouse inspired Orlando home is move-in ready and packed with modern upgrades! Freshly painted inside and out, it boasts brand-new luxury Pergo DuraCraft waterproof vinyl flooring throughout the living areas and bedrooms, complemented by 5” baseboards for a polished look. The fully remodeled kitchen features sleek quartz countertops, designer fixtures, and brand-new stainless steel appliances. The bathroom has been completely renovated with elegant porcelain tile on the floors and walls, along with a new vanity, toilet, and modern fixtures. Additional updates include brand-new doors, water heater, A/C system, windows, a new roof, and a refinished carport floor. The home offers a spacious living area that flows into the kitchenette and kitchen, providing ample counter space for cooking and entertaining. Situated on a large, fully fenced corner lot, this property features a patio area with plenty of room to expand and enjoy outdoor living. Don’t miss this opportunity to own a beautifully updated home in a prime Orlando location!
Source: STELLAR #O6276212
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #O6276212
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.