5349 Hidden Oaks Dr, Lakeland, FL 33811
3 beds · 2 baths · 1,630 sqft
SELLER MOTIVATED Welcome to your dream home in Hidden Oaks of Lakeland! This stunning 3 bedroom, 2 bathroom residence boasts comfort, style, and functionality at every turn. Everything is BRAND NEW AC, NEW ROOF, NEW FLOORS, NEW BATHROOMS. There is no carpet at all in this marvelous home so you do not have to worry about it. The floor plan features a split plan so you have all the privacy in the master bedroom. The beautiful cozy kitchen has brand new shaker cabinets with plenty of storage and a beautiful NEW QUARTZ CALACATTA GOLD 3CM COUNTER TOP, new stainless steel appliances are perfect for any chef, and you can see the family room and the dining room from the kitchen which is ideal for friends to come over while you cook. The primary bedroom features high ceilings, and an ensuite bathroom with dual sinks and vanities, NEW CABINETS, NEW walk-in shower, and two walk-in closets. The remaining bedrooms are thoughtfully designed with a split layout, offering privacy and comfort for all occupants. Outside, the fully fenced yard provides privacy and security, with a HUGE extended patio area perfect for enjoying the Florida sunshine. Hidden Oaks is a quiet community with low HOA fees, is close to many great restaurants, and has easy access to I-4. Come and see this home today!
Source: STELLAR #t3548201
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3548201
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: #t3548201
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.