5514 Maggiore Blvd, Lakeland, FL 33805
3 beds · 2 baths · 1,356 sqft sqft
One or more photo(s) has been virtually staged. Are you looking for the perfect spot to drink your favorite beverage and watch the birds or beautiful sunsets? Then look no further! Enjoy resort-style living complemented with the privacy of your own home, in this beautiful LGI built villa with 3 bedrooms and 2 full baths. This Boca Grande floor plan has an eat-in kitchen, dining area and large family room. The spacious master bedroom includes a large walk-in closet, a master bath with double vanity and a glass enclosed walk-in shower. The two secondary split bedrooms and bath are perfect for a family, office or visiting guests. There is a large in-home laundry room and a 2-car garage. The entryway to the home has been screened in, making it a perfect spot to remove shoes and jackets before entering the home. And let's not forget, this home has a large screened in lanai with a peaceful wooded view. Making it a great place to play or for your fur babies to run around. This home is located in the beautiful master-planned community of Bridgewater that includes a resort-style pool, clubhouse, fitness center, playground, tennis/pickleball courts, basketball courts, and a dock for fishing. Grab your fishing poles, put on your walking shoes, and bring your bike so you can enjoy the beautiful lakes and miles of sidewalks. The low HOA of only $142/month includes CABLE and HIGH-SPEED INTERNET as well as the amenities and planned activities! This community is conveniently located less than 3 miles from I4 exit 33 or 38 making for a quick commute to Tampa or Orlando. Conveniently located near Florida Polytechnic, Lakeland Regional Health Medical Center, Watson Clinic, 2 State-of-the-Art Cancer Research Treatment Centers, Emergency Veterinarian Clinic, shopping galore and many fabulous restaurants.
Source: STELLAR #l4948431
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #l4948431
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: #l4948431
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.