5009 Torchwood Dr, Minneola, FL 34715
4 beds · 3 baths · 2,744 sqft sqft
Welcome to 5009 Torchwood Drive, an exquisite home in the sought-after Reserve at Minneola community. Built in 2017, this residence seamlessly blends transitional design with comfortable living. It offers four spacious bedrooms, an office, a bonus loft, two and a half baths, and a thoughtful layout perfect for relaxing and entertaining. As you step inside, you're greeted by a bright, open floor plan featuring a dedicated office space—ideal for working from home or creating a private retreat. The heart of the home is the gourmet kitchen, with sleek stainless steel appliances, ample cabinetry, and a large island that invites you to entertain or enjoy casual family meals. The inviting living area opens to a private backyard just beyond the kitchen, perfect for quiet evenings or hosting friends and family. Enjoy the fully fenced backyard, a true private oasis with a tranquil and lush green space. Whether you're relaxing, hosting a barbecue, or simply enjoying the serene surroundings, this backyard is a rare find. Upstairs, the airy loft provides a versatile space that can easily adapt to your needs—a cozy media room or a children's play area. The primary suite offers a serene escape, with an en-suite bath featuring a double vanity and an oversized shower. Three additional bedrooms ensure that there's plenty of space for everyone. Nestled in a tranquil neighborhood, this home is conveniently located near excellent schools, shopping, and dining. It offers resort-style amenities like multiple pools, a playground, a park, and so much more. It also has easy access to major highways for an effortless commute. 5009 Torchwood Drive is more than just a house—it's a place to call home. Don't miss the chance to make this beautiful property your own. Schedule a showing today and experience the charm and comfort.
Source: STELLAR #o6250101
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6250101
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: #o6250101
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.