494 Amadoras Way, Saint Cloud, FL 34771
4 beds · 3 baths · 2,170 sqft
Location, Location, Location! 4 miles away from Lake Nona Medical City, VA Hospital, and Boxi Park! 6 Miles from the Florida Turnpike and the Orlando International Airport! Also, within close proximity of the Florida Mall, the Loop, Cocoa Beach and much much more. Welcome to this Meritage Homes Community of Silver Springs (No CDD), where elegance meets modern living in this beautifully designed home. From the moment you arrive, the distinctive exterior captivates with its elegant designer color packages, 30-year architectural shingles, and a combination of knockdown stucco finish and siding. The professionally designed landscape package, complete with a tan vinyl fenced backyard, fully sodded home site, pavers on the lead walk, driveway, and rear patio, adds undeniable curb appeal. Practical touches like two exterior hose bibs, weatherproof electrical outlets at the front and back of the home, and an insulated steel garage door ensure both convenience and durability. Step inside to discover a thoughtfully crafted interior designed for both style and functionality. The home features 13" x 13" ceramic tile flooring in the foyer, kitchen, nook, laundry room, and bathrooms, complemented by Shaw® carpeting throughout the remaining living areas. The kitchen is a chef’s dream, boasting 40" Timberlake® cabinets with crown molding, granite countertops, and a suite of energy-efficient appliances, including a glass top range, microwave, and dishwasher. Additional kitchen highlights include a Moen® one-handle pulldown chrome faucet, a 1/3 horsepower garbage disposal, and a pre-plumbed water line for an ice maker. The spacious living areas are enhanced by 8'8" first-floor ceiling heights, knockdown ceilings, and orange peel textured walls, creating a bright and inviting atmosphere. Designer raised six-panel interior doors, Kwikset satin nickel hardware, and an interior lighting package with rocker light switches add a touch of sophistication throughout. The plush primary suites offer a luxurious retreat, featuring walk-in showers, executive-height vanities with Moen® Chateau chrome faucets, and spacious walk-in closets. WaterSense® dual flush elongated toilets and energy-efficient design elements ensure both comfort and sustainability. The home is also tech-ready, with two RG6 and one CAT5 phone jack, ensuring seamless connectivity. Built with superior construction and energy efficiency in mind, this ENERGY STAR® certified home includes a steel-reinforced monolithic slab with a vapor barrier, borate wood insect treatment, and a limited 10-year structural warranty. High-performance features like spray foam insulation, sealed ducts, Low-E windows, and a multispeed HVAC system maximize energy savings and comfort (which is still under warranty for the next 3 years). The home also meets Indoor airPLUS qualifications, with MERV 13 air filtration, low to zero VOC materials, and an ASHRAE 62.2 mechanical fresh-air management system, ensuring a healthy living environment. Smart home technology is seamlessly integrated with the M.Connected Home™ Automation Suite, which includes an advanced thermostat, smart door lock, video doorbell, motion detectors, and a smart home hub for effortless control. Additional modern conveniences like USB outlets and a pre-wired setup for CO and smoke detectors with battery backup provide peace of mind and added functionality.
Source: STELLAR #O6275716
Financials
Source: Public records
Source: STELLAR #O6275716
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.