5631 La Joya Ct, Orlando, FL 32808
3 beds · 2 baths · 1,234 sqft sqft
PRICE IMPROVEMENT! Motivated Seller says BRING YOUR BUYERS/OFFERS! What a charming home! This UPDATED home features 3 bedrooms with walk-in closets; 2 full bathrooms; a spacious kitchen with a breakfast bar; separate dining room that could also be a home office; interior utility room; & a large, open living room with slider door access to the open patio overlooking the fully fenced backyard. This MOVE IN READY block home with garage is nestled at the end of a cozy cul-de-sac which means no neighbors on one side for you to enjoy the expansive green area (EXTRA YARD WITHOUT THE EXTRA WORK, WOOHOO). You’ll also enjoy vaulted ceilings & the ceramic tile throughout along with the newer AC. This sweet property is the perfect starter home, rental property, or lovely nest for snowbirds. Easy Florida Living just waiting for YOU! La Joya Cove is a Family-Oriented and Safe, Centrally Located Community in the Heart of West Orlando with Easy Access to Downtown Orlando and the Orlando International Airport with No Thru-Traffic. Just Minutes Away from Local Schools, Essential Shopping and Major Roadways! Seller is accepting FHA/VA offers on this home. Call today. This home will not last!! Affordable HOA is Only $78/Quarter, Just Enough for Easy Payments and to Keep the Community Nice! Sold in As-Is Condition
Source: STELLAR #v4938120
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #v4938120
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: #v4938120