554 Granite Cir, Chuluota, FL 32766
4 beds · 3 baths · 2,820 sqft sqft
One or more photo(s) has been virtually staged. This house is full of space both inside & out! With 4 bedrooms, plus a downstairs private office & upstairs loft, and a THREE CAR GARAGE, this home sprawls out on an oversized, FULLY FENCED, CORNER lot. Recent upgrades include: freshly painted interior walls (2024), a newly installed downstairs AC (2024), ROOF (2019), soft washing of exterior stucco (2024) & upstairs AC (2017). The kitchen features stainless steel appliances, a center island, which is perfect for prepping those home cooked meals, & double pantries. The kitchen opens up to a dining nook & living room, the ideal open floor plan. There is additional space to host & seat guests around a large table in the formal dining room. And don't forget the 1/2 bath & private flex room/office downstairs. Upstairs, you will find the primary bedroom, along with the additional 3 bedrooms & the loft. The loft could function as a play space, school room, or an additional tv room, the possibilities are endless! The primary suite is generously sized with double closets & a bathroom that features dual sinks, a deep soaking tub & a separate shower stall. The secondary bathroom is conveniently stacked next to the 3 additional bedrooms upstairs. The backyard is enormous & fully fenced, perfect for your furry friend to roam & play. There is also a screened in side porch, to enhance your outdoor living experience. The community offers a fun & spacious playground, just steps from this home & features swings, an obstacle course & more! This home is also conveniently located in a highly sought after school zone (Walker Elementary, Chiles Middle & Hagerty High), 8 miles from the University of Central Florida & less than an hour from the beaches & the attractions. Don't let this one pass you by!
Source: STELLAR #o6244724
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6244724
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: #o6244724
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