5539 Siracusa Ln, Sanford, FL 32771
4 beds · 3 baths · 2,298 sqft
YOUR SEARCH HAS COME TO AN END! GATED COMMUNITY. This beautiful townhome is deceivingly large! The first thing you notice is the stone front and 2-car garage. END UNIT. The front door is along the right-hand side. Upon entering you are greeted by the beautiful kitchen to your left and cathedral ceiling Family Room to the right. Straight ahead in the large Primary Bedroom and bath. The Family Room and Primary Bedroom have ceramic tile and gorgeous custom wood floors. The Primary Bedroom has high ceiling and the bathroom has a large walk-in shower, dual vanities, and a custom-built bathtub. The contractor is waiting for the custom tile to come in and finish the tub but it is fully functional and will be finished soon. Back out to the kitchen. Lots of granite counter space, an island, and high-end appliances make the kitchen perfect for entertaining. The large pantry has all pull-out shelves making it easy to find just what you are looking for. Also downstairs is access to the garage, laundry room, and a half bath for guests. Upstairs the is a loft currently being used as a TV/Game room. 3 more bedrooms and a Full Bath are also upstairs. ALL NEW CARPET! Back downstairs there are sliding doors that go out to the large screened-in porch. Perfect for relaxing in the Florida sun or enjoy the weather with your morning coffee to start the day. This unit is just a short walk to the big community pool, clubhouse, fitness room, and community mailboxes. I4, SR 429, AND SR 417 all within 5 minutes of the home. Publix is also very close along with all the shopping and restaurants you could want! Come view this high-end townhome before it is gone!
Source: STELLAR #o6255984
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6255984
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 30-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: #o6255984
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.