501 MIRASOL CIR APT 213 # 213, Kissimmee, FL 34747
This is the Florida Lifestyle you have been looking with this luxury condo! Immerse yourself in this dream location with a soothing fountain view from Mediterranean style RARE oversized open tiled Veranda. Located in the resort style building this spacious 1 bedroom plan with versatile dining room and breakfast nook with give you all the space you desire. The prime location of this 2nd floor home has convenient elevator service. Equipped with designer track lighting, stainless steel appliances, granite countertops, 42 inch cabinets with tile back splash in eat-in kitchen plus breakfast bar, built-in desk. 10 foot ceilings with crown molding, owners suite includes a custom walk-in closet, luxurious master bath with roman soaking tub and separate shower with waterfall spa jet. New and elegant two inch Plantation shutters on all windows. For laundry, enjoy the new smart LG Wash Tower. Mirasol at Celebration has award winning architecture and all the amenities you could wish for to compliment your lifestyle: on-site day spa, fully equipped fitness center, onsite management, resort style heated pool and spa, clubroom with billiards, business center with private conference room and cyber café. Enjoy the resident lounge with wi-fi, coffee bar and butler's pantry. Connect to 26 miles of celebration trails and a short distance to Downtown Celebration with fine dining, eclectic shops, entertainment, and tennis courts. Available for immediate closing. Take advantage of this ownership opportunity in beautiful Celebration, Florida. Assigned parking space 254 is included.
You may be able to put down less than the total down payment amount of $62,008 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #o6192843