5675 Charleston St # 58, Orlando, FL 32807
3 beds · 3 baths · 1,211 sqft
Beautiful 3 bedroom 2.5 bath townhome located close to Baldwin Park. Property is walking distance to a golf course and Blue Jacket Park. All bedrooms are located on the second floor of the unit. New tile flooring in the shower on the second floor. Brand new Kitchen with granite counter tops and stainless steel appliances. New electric panel. All Living spaces are located on bottom floor which include a living room, kitchen,and half bath. The home is located close to Downtown, airport, shopping, restaurants and so much more. The community has great amenities including a resort style pool! Beyond the upgraded interior, the condo's prime location is near the highly sought-after Baldwin Park neighborhood that ensures you're never far from the best of Orlando. Whether you're dining at the city's top restaurants, indulging in some retail therapy, or exploring the area's natural beauty, everything is within reach. Outside, is a fully fenced, private patio for your outdoor relaxation, adding an extra layer of serenity to your home. The location of this condo offers convenient access to State Road 436, plus a short drive to 408 highway, making commuting or exploring the wider region a breeze. Don't miss this opportunity to make this condo your home! HOA application and board approval required. Can take up to 30 days processing. Additional Fees Apply: Administration Fee $250 Pet Privilege Application Fee: $20/pet Pet Privilege Fee: $250 Pet Privilege Rent: $15/month (All Fees are subject to change without prior notice) Please Note: Applicant(s) maybe subject to HOA application fees, deposits, rules, policies, procedures, and processes. All County does not accept responsibility for HOA rental fees and/or board approval process.
Source: STELLAR #c7498678
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7498678
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: #c7498678
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.