5553 Veneta Way, Saint Cloud, FL 34771
4 beds · 3 baths · 2,667 sqft
WOW SELLER HAS MADE A HUGH PRICE DISCOUNT……. PLEASE COME CHECK THIS OUT….THIS BEAUTIFUL HOME IS PRACTICALLY BRAND NEW. SELLERS ARE MOVING OUT OF THE AREA. SELLERS PUT ALOT OF UPGRADES WHEN THEY PURCHASED IT 2021. IT HAS LOTS OF SPACE FOR A GROWING FAMILY. THERE IS A BEDROOM DOWNSTAIRS TO ACCOMMODATE THE FAMILY MEMBER THAT DOESN’T WANT TO WALK UPSTAIRS WITH A BATHROOM CLOSE BY. HOME HAS GREAT SPACE FOR ENTERTAINMENT AND GATHERINGS. UPSTAIRS YOU WILL FIND A LARGE LOFT ANOTHER PLACE TO HANGOUT. SPLIT FLOOR PLAN WITH TWO BEDROOMS AND A LARGE BATHROOM WITH A TUB. LOFT AREA HAS A LARGE WALK IN CLOSET. PRIMARY BEDROOM HAS LARGE WALK IN CLOSET AND PRIMARY BATHROOM ALSO HAS A LARGE WALK IN CLOSET WITH A LINEN CLOSET . THE VIEW OUTSIDE IN THE BACK YARD IS A POND WITH A TRAIL TO WALK ALL THE WAY AROUND. PLAYGROUND IS JUST STEPS AWAY. HOME ALSO HAS SOLAR WITH A ELECTRIC BILL OF 50.00 A MONTH. BUYERS MUST VERIFY SIZES. HOME HAS OVER 8000.00 WORTH OF NEW FURNITURE WITH THE RIGHT PRICE IT ALLL CAN STAY!!!!
Source: STELLAR #o6233748
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6233748
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: #o6233748
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.