536 Dunoon St, Ocoee, FL 34761
3 beds · 2 baths · 1,562 sqft
This lovely 3 bedroom, 2 bath split floorplan is ready to welcome you home in the HIGHLY DESIRABLE gated Wesmere community, perfect as a first home, retirement or investment home. This home sits on a SPACIOUS lot in a neighborhood that exudes Florida-style living. Inside, you’ll find an OPEN and FLOWING floor plan featuring all TILE and LAMINATE flooring complimented by HIGH, VAULTED ceilings. The kitchen is perfectly situated between the front open living room/dining room combo and back family room, with eat in BREAKFAST NOOK, perfect for morning coffee. Relax by the FIREPLACE with a view out of the sliding glass door overlooking the SCREENED BACK PATIO and EXPANSIVE FENCES yard; ideal for pets, gardening or a future pool. The SPLIT FLOOR PLAN allows for privacy with 2 bedrooms and a bath located towards the front of the home with the master off the back family room, making it the perfect place to call home or visit as a second home. The Generously sized master bedroom boasts a WALK-IN CLOSET and private master bath with double sinks, a garden tub, and a separate walk-in shower. Additional features include a 2-car garage with ample storage and parking. The home is sold as is with opportunity to customize it to your personal style! The AMENITY RICH neighborhood of Wesmere offers a PICTURESQUE setting with tree-lined streets that welcome you into a VIBRANT community. HOA fees include a wealth of amenities including 2 GATED entrances, a community POOL, PICKLEBALL, BASKETBALL, TENNIS courts, PLAYGROUNDS. IN-HOME CABLE and INTERNET are also included in the HOA fee. Centrally located near TOP-RATED SCHOOLS, SHOPPING and ENTERTAINMENT areas; with easy access major highways such as I-4, FL Turnpike, 429, and 408 rounds out this FANTASTIC property. Don’t miss this opportunity!!! Schedule your private showing today!
Source: STELLAR #O6283661
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #O6283661
Source: Public records
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%. 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.
Other resourcesWhat 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.
