4745 Dove Cross Dr, Lakeland, FL 33810
4 beds · 2 baths · 2,052 sqft
Welcome to the country where anything goes! No HOA. This awesome home is situated on 1.44 acres of quiet serene rural peacefulness! As soon as put your eyes on the covered front porch you know you have found your retreat to sit a spell and relax. When you enter you get a sense that this is a very spacious home, 2052 sq. ft to be exact! This is a split plan that features 4 generously sized bedrooms and 2 baths. The primary suite is oh so sweet! The bathroom is large you could soak your cares away. The primary also encompasses a bonus area to be used for whatever flex space you need, ie: home office, gym, or sitting room. The other three bedrooms are privately located on the other end of the home for family and guests. Come to the kitchen and see that it too is nicely sized w/ loads of cabinet space. Great open concept with the family room and dining room. But wait you want more, the front living room area can be separate from the kiddos and noise of daily life. So many possibilities on how to use space and decorate. Outside bring all your toys to play and park on site, no restrictions. There is a wooden deck that wraps around and overlooks the back yard that is fenced to the trees. Property line goes beyond the trees tho. What a place to hang out have a bbq! Storage you say, 12x14 shed can take care of that as well. This home is so centrally located, close to shopping, I-4, hospital downtown and more. Come take a look today, you will fall in love.
Source: STELLAR #l4947828
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #l4947828
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: #l4947828
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.