5016 Walker St, Saint Cloud, FL 34771
3 beds · 3 baths · 1,617 sqft sqft
Charming 3-Bedroom Townhouse in Lakeshore at Narcoossee - Discover your new home in this charming 3-bedroom townhouse nestled in the Lakeshore at Narcoossee community. What sets this home apart is its solar panels, ensuring zero electricity bills, and a price point well below market rates. Built in 2018, this meticulously maintained residence spans 1,617 sq ft of heated space and 2,236 sq ft in total, offering both comfort and style. Modern upgrades abound, including a stylish vanity sink in the first-floor half bath and barn doors enhancing the pantry and laundry room entrances. Enjoy ceiling fans in all bedrooms and the living room, ensuring a cool environment, while blinds on all windows provide privacy and light control. The AC system features a digital thermostat for efficient temperature management, and the kitchen boasts an upgraded faucet for added functionality. With a spacious two-car rear-loading garage, ample parking and storage are assured. Lakeshore at Narcoossee offers resort-style amenities including a zero-entry pool, fitness center, dog park, playground, basketball court, and a dock with boat slips for lake access. Conveniently located near Orlando VA hospital, Lake Nona, USTA, and Medical City, with easy access to Orlando International Airport and Bright line Rail Station. Enjoy nearby beaches, cruise terminals, and Kennedy Space Center for endless recreation. Narcoossee K-8 Campus is adjacent, perfect for families. - Don't miss the opportunity to make this thoughtfully designed, move-in-ready townhouse your own. Contact us today to schedule a viewing!
Source: STELLAR #o6225325
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6225325
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: #o6225325
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.