5151 TWIN LAKES BLVD, Saint Cloud, FL 34772
Welcome to 5151 Twin Lakes Boulevard in the sought-after 55+ community of Twin Lakes. This meticulously maintained single-family home built in 2022 offers the perfect fusion of modern luxury and a vibrant active adult lifestyle. Step inside and be captivated by the high ceilings and abundance of windows that bathe the open floorplan in natural light. This stunning home features 1624 square feet of living space with two spacious bedrooms, two beautifully upgraded bathrooms, and a versatile flex room/den ideal for a home office. The kitchen is a chef’s dream, showcasing granite countertops, a large island, 42" dark cabinets, a natural gas stove, a farmhouse sink, and stainless steel appliances. The large laundry room is full of cabinetry for storage and complete with a utility sink. The primary bedroom is large and bright featuring a tray ceiling. The ensuite bathroom features granite countertops, dual vanities, a walk-in shower with custom tile, and a large walk-in closet. The split-floor plan places the second bedroom and bath on the opposite side of the home for privacy when guest are visiting. Step through the sliding pocket doors onto your covered screened patio, where you will enjoy serene views of the large back yard and tranquil nature. You will love the seamless indoor-outdoor living this home provides. This home has thousands in upgrades from the builder. Living in Twin Lakes means enjoying resort style amenities every day! The HOA fee includes all amenities -Fitness Center, Sauna, Heated Swimming Pool, Lap Pool, Spa, Tennis, Pickle-Ball, Basketball, Bocce-Ball, Community Boat Dock, Boat Rental, Putting Green, Dog Park, Community Gardens, Clubhouse with Gathering Room, Game Room, Billiard Tables, Poker Room, Outside Patio Area. This beautiful gated community offers tranquility while being only minutes from Lake Nona, Orlando International Airport, Theme Parks, Beaches and Major Roadways. Don’t miss the opportunity to make this like new home yours!
You may be able to put down less than the total down payment amount of $117,830 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: #p4931723