513 Big Black Way, Kissimmee, FL 34759
4 beds · 3 baths · 2,104 sqft
This recently remodeled four-bedroom, two-bathroom home in Kissimmee, FL. offers modern elegance and functionality. The spacious open floor plan features a stunning modern chef's kitchen, complete with high-end stainless steel appliances including double ovens, wine cooler, coffee station, custom cabinetry, and sleek countertops – perfect for cooking and entertaining. Throughout the home, you'll find stylish ceramic flooring that complements the beautifully modern design with new roof, newer AC unit, water softener and solar panels.This luxurious master bedroom is a true retreat, featuring custom California Closets that offer exceptional organization and ample storage. The room boasts Crown molding, sleek light fixtures, elegant tile flooring adding a touch of modern sophistication. The en-suite bathroom is completed with a fully tiled shower with glass doors and a freestanding tub. The other bedrooms are generously sized that share a full size bathroom. The open backyard is a spacious and inviting outdoor canvas that offers plenty of room for versatile activities, from hosting gatherings to enjoying quiet moments in nature. This move-in-ready home combines luxury with convenience, providing a perfect blend of comfort and sophistication in the continuously growing area of Kissimmee, close to a brand new hospital, shopping centers and more. Call to schedule your appointment today and let's make the dream of Home ownership a reality in 2025!
Source: STELLAR #s5117586
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5117586
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: #s5117586
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.