5560 Rutherford Pl, Oviedo, FL 32765
3 beds · 3 baths · 1,829 sqft sqft
Welcome home to this stunning and move-in-ready townhome, located in the exclusive gated community of Provenance! As you step inside, you’ll be greeted by a large, welcoming foyer that flows seamlessly into the expansive open-concept living space. The first floor is an entertainer's dream, featuring a bright and airy living room, a spacious dining area, and a gourmet kitchen. With luxury vinyl floors, abundant natural light, and picturesque water views, this home offers both style and comfort. The kitchen is a showstopper with its rich wood cabinetry, granite countertops, stainless steel appliances, and an oversized island perfect for casual dining or prepping your favorite meals. From the dining area, step out through sliding doors to the screened lanai, the ideal spot for your morning coffee or evening relaxation with serene water views. Upstairs, you'll find a versatile loft space that can be transformed into a bonus room, home office, or cozy retreat. The primary suite is a true sanctuary, featuring a spacious walk-in closet and a luxurious ensuite bath with dual vanities, a large soaking tub, a tiled shower, and a convenient linen closet. The second-floor laundry room makes laundry day a breeze. The two additional bedrooms are equally spacious, offering plenty of closet space and natural light, with both rooms enjoying peaceful water views. Recent upgrades include brand-new carpeting on the stairwell and new laminate flooring in the bedrooms and loft. This townhome is truly a gem—don’t miss your chance to own it! Schedule a showing today!
Source: STELLAR #o6243979
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6243979
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #o6243979