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4909 Drawdy Ct

Saint Cloud, FL 34772

3 beds · 3 baths · 2,935 sqft

$559,000

$3,010/mo at 3.375% with Roam

$3,651/mo at 7% with a bank loan

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About this home

You've just found your Saint Cloud dream home! Gorgeous 3 Bedroom 2.5 Bathroom with Den/Office Cocoa floor plan located in the well sought-after active Twin Lakes 55+ community. Custom tray ceiling and light. Whole house is professionally painted. Open and spacious Kitchen features Gourmet kitchen package, upgraded cabinets, large island can seat 6. Custom hood fan, upgraded microwave and oven combination, dimmers on the lights, walk-in pantry. Living room ceiling fan and lights and a Built in stone wall with cabinet. Laundry room has lots of cabinets and a walk-in pantry. Security system. Sliding glass doors with custom blinds lead to Lanai, features custom lighting. Master bedroom walk-in closet features wire shelving. Master bedroom bath boasts a large walk-in tile shower with frameless glass doors, double rain shower heads and tile bench. Granite vanity and dual sinks. Amenities include a Resort style pool and Lap Pool and 3rd pool on the carriage house side, 20,000 square foot Gorgeous Clubhouse, State of the art Fitness Center, Flex room, Tennis Courts, Putting Green, Walking Trails, Pickle Ball Court, Fishing, and Pontoon Boats and Jon boat to use on Live Oak Lake! The community has many active and socializing activities to keep you VERY busy!! All of this in a GREAT gated community located in Central Florida close to Lake Nona Medical City, Orlando, Orlando International Airport, Theme Parks, and Brevard Beaches! Do not delay making your appointment to view this home today!!

2,935 sqft
10,019.0 sqft
Single Family
Built in 2017

Source: STELLAR #O6278469

5-year savings

Compared to a conventional mortgage
Roam
Bank
Principal & interest
$1,846
$2,487
Property taxes
-
-
Mortgage insurance
-
-
Home insurance
-
-
HOA fees
-
-
Monthly total
$3,010
$3,651
5-year total
$180,655
$219,094
Neighborhood
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FAQs

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.

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.

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.

When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.

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Last updated: Apr 14, 2025 07:59 pm
Listing agent: Tony Scott (321) 278-0433
Listing provided courtesy of: FRE ASSOCIATES LLC (407) 367-5701
Details provided by STELLAR and may not match the public record.
MLS ID: #O6278469
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
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