535 Waterford Dr, Haines City, FL 33844
2 beds · 2 baths · 1,458 sqft
Discover your perfect home in the vibrant 55+ community of Lake Henry Estates! This beautifully updated 2 bedroom, 2 bathroom residence with a den features a new roof (June 2023), luxury waterproof vinyl flooring and Argon windows (2024) with a lifetime transferable warranty, filling the space with natural light. The heart of the home boasts stunning granite countertops, upgraded cabinetry with soft-close cabinets, and stainless steel appliances, complemented by a cozy coffee bar. Enjoy the spacious primary bedroom, complete with an ensuite bathroom for your convenience and privacy. Recent enhancements include multiple new light fixtures, large gutters (June 2023), and whole-house surge protection for added peace of mind. Step outside from the den to your inviting outdoor patio, perfect for relaxing or entertaining. Enjoy the benefits of an owned water softener (2022) and a resurfaced driveway (2023). The electric garage screen (2021) allows you to enjoy fresh air without pesky bugs. Enjoy the classic appeal of Lake Henry from a residence that's been cared for with devotion, embodying the true essence of lakeside living. The amazing lakeside, gated community offers a 9-hole golf course, swimming, boating, tennis, 2 pickle ball courts, horseshoes, shuffleboard, card tournaments, library, pool room, craft room, exercise room, pub with bar, karaoke and more. Multiple grocery stores including Publix, Winn-Dixie and Walmart are located within 2 miles along with plenty of shopping and restaurants nearby. If you're looking for a worry free, Florida retreat, then look no further. Definitely a Hidden Jewel of Polk County. Experience the best of 55+ living at this exceptional property. Schedule your showing today!
Source: STELLAR #o6241345
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6241345
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: #o6241345
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.