5158 Appenine Loop E, Saint Cloud, FL 34771
5 beds · 5 baths · 3,745 sqft
Be the envy of the neighborhood when you live in this five-bedroom, five-bathroom home with over 3,700 heated sq ft and nearly 4,500 total sq ft located in the beautiful, sought after Narcoossee Village. Just north of St. Cloud and South of Lake Nona you get all the luxury living experiences without paying for the zip code. Minutes away from amazing restaurants, fantastic shopping, medical city, sports city and many more local attractions. Upon entering this beautiful home, you encounter the large separate dinning room to your right and as you proceed through this open floor first floor, floorplan you will notice the large-scale tile floors, an amazing kitchen to your right and then the living room that opens out to the pool area. Also, on the first floor you have the laundry room and a full master/in-law suite with its own entry and two full bathrooms as well as a walk-in closet. The wood stairs are equipped with a chair lift to the second floor. Upstairs you will have four bedrooms and three more bathrooms. Carpet throughout on the second floor and a huge family room to relax in. The kitchen is amazing and features oversized appliances along with an induction stove top, built in microwave and oven along with a commercial grade exhaust fan with dual motors. Behind the home is a patio of pavers surrounding the luxury swimming pool. Not that the community does not offer a beautiful pool as well, you have your own private one behind a private fence. The community of Narcoossee Village also has a playground and beautiful walking paths around interior lakes and ponds. Contact us to book your showing today.
Source: STELLAR #o6223104
Source: STELLAR #o6223104
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: #o6223104