4917 Vellacito Way, Davenport, FL 33897
5 beds · 3 baths · 2,371 sqft
Welcome to this beautifully maintained 5-bedroom, 3- full bathroom home with a two car garage, offering both comfort and style located in Tierra Del Sol. The open floor plan seamlessly connects the spacious living areas, providing the perfect setting for family gatherings and entertaining. The kitchen is a true highlight, featuring stunning cabinets, sleek quartz countertops, and stainless steel appliances. This home boasts a versatile flex room that can easily serve as an office, den, or playroom, offering added flexibility to suit your needs. The downstairs bedroom offers both privacy and convenience, making it ideal for guests, in-laws, or anyone who prefers easy access to a full bathroom without the need to go upstairs. The master bedroom located upstairs along with the other three bedrooms is a true retreat, offering plenty of space to unwind and relax. Featuring a generously sized closet, there’s no shortage of storage for your wardrobe and personal items. The adjoining master bathroom is equally impressive, with elegant finishes and a thoughtful layout. Enjoy privacy with a separate toilet area, and indulge in the luxurious feel of this beautifully appointed bathroom. It’s the perfect place to start and end your day in comfort. With no rear neighbors, you’ll enjoy privacy in your backyard, which is watered by an irrigation system using reclaimed water—an eco-friendly feature you’ll appreciate. Relax and unwind on your covered front porch or rear lanai if you desire more privacy, both perfect for enjoying the beautiful Florida weather. This home features Florida-friendly landscaping in the front yard, enhancing curb appeal while being low maintenance. Enjoy sunny Florida days by taking a dip in the community pool, perfect for cooling off and relaxing. For families, the neighborhood playground provides a great space to play and explore. Pet owners will love the dog park, offering a safe and spacious area for your furry friends to run and socialize. Conveniently located just a short drive from major highways and interstates, this home also offers easy access to nearby shopping, restaurants, fitness centers, theme parks and other amenities, making it an ideal location to live, work and play. Don’t miss out on this amazing home—schedule your home tour today!
Source: STELLAR #s5115484
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5115484
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: #s5115484
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.