5263 St Lucia Dr, Lakeland, FL 33812
3 beds · 2 baths · 1,252 sqft
**Beautiful 3 Bedroom, 2 Bath Pool Home with Extensive Upgrades** This stunning 3-bedroom, 2-bathroom pool home has been meticulously maintained and features numerous upgrades, making it move-in ready for the next homeowner. **Key Features and Upgrades:** - **New Hot Water Heater (July 2024)** - **Freshly Painted Exterior (2024)** - **New PVC Fence (2024)** with a large rolling gate for easy access. - **AC System Cleaned & Serviced (July 2024)** for peace of mind. - **Resurfaced Pool & New Glass Tile Work (2023)** for a beautiful, modern finish. - **New Pool Pump (2023)** ensuring efficient operation. - **Two Suncast Sheds** (8x10 and 7x7) for ample outdoor storage. - **Pergola with Composite Decking** (12x22) surrounded by artificial grass and landscaping, perfect for entertaining. - **Screened Lanai** (rescreened in 2023), ideal for enjoying the outdoors without the bugs. - **Repainted Pool Deck (2024)** for a refreshed outdoor space. - **New Interior 6-Panel Doors (2022-2023)** throughout the home. - **New Attic Ladder (2024)** for easy access to attic storage. - **Luxury Vinyl Flooring** in all bedrooms (2023-2024), waterproof and scratch-resistant for durability. - **Butcherblock Countertop (2023)** in the kitchen, adding warmth and charm. - **New Ceiling Fan (2023)** in the main living room for added comfort. - **Dedicated Office Space** in the master bedroom for convenient work-from-home setups. - **Charming Tongue-and-Groove Wall** by the fireplace, adding a touch of rustic elegance. This home is perfect for those who love outdoor living, with a resurfaced pool, updated deck, and a large pergola for entertaining. The modern updates combined with thoughtful features make this property a must-see. Schedule your showing today and make this beautiful pool home yours!
Source: STELLAR #l4947731
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #l4947731
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: #l4947731
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.