556 Home Grove Dr, Winter Garden, FL 34787
4 beds · 2 baths · 1,705 sqft
Welcome to your dream home in the beautiful Regency Oaks community at Stonecrest, Winter Garden! This exquisite 4-bedroom, 2-bath residence boasting 1,705 square feet, step inside to discover wood floors that seamlessly flow throughout the open floor plan. The heart of this home is the stunning, newly remodeled kitchen, featuring granite countertops, state-of-the-art appliances, and custom cabinetry, making it a chef's paradise. The kitchen opens to a spacious family room, ideal for entertaining or relaxing with family. Both bathrooms have been fully updated in 2020 with contemporary fixtures and finishes, providing a spa-like retreat. Additional updates include a new roof in December 2018. The master suite is a true sanctuary, offering a serene view of the lush backyard. It includes a luxurious en-suite bath with a walk-in shower, a large soaking tub, and a generous walk-in closet. Three additional bedrooms provide ample space for family, guests, or a home office. Outdoor living is at its finest with a private fencing backyard perfect for hosting gatherings or enjoying quiet evenings. The interior laundry room and attached garage add to the convenience and functionality of this home. Residents of Regency Oaks enjoy unrivaled amenities, including a lakeside resort-style pool, picnic spots, walking paths around picturesque lakes, two playgrounds, and tennis/pickle-ball courts. The location is unbeatable, just minutes from Winter Garden Village, Downtown Winter Garden, and major highways like the 429, Turnpike, 408, and Disney. This home is the epitome of Florida living. Don’t miss the opportunity to make it yours. Schedule a private tour today and experience this property!
Source: STELLAR #o6261693
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6261693
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: #o6261693
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.