VA loan
1 of 33
VA loan
$515,000

569 Seattle Slew Dr, Davenport, FL 33837

5 beds · 3 baths · 2,656 sqft

Exceptional 5-Bedroom Home in Davenport with Modern Amenities and Uninterrupted Power! Welcome to your dream home at 569 Seattle Slew Dr, Davenport, FL 33837! This stunning 5-bedroom, 2.5-bathroom residence offers a perfect blend of luxury, comfort, and practicality, making it an ideal choice for families and entertainers alike. Key Features: Spacious Living: Enjoy ample space for relaxation and gatherings in this beautifully designed home. The first floor boasts luxurious LVP flooring throughout, creating a seamless and elegant flow. Chef's Delight Kitchen: The heart of this home is a gourmet kitchen that any chef would adore. Featuring a large island and peninsula, stainless steel appliances, and a generous walk-in pantry, this kitchen is perfect for preparing meals and entertaining guests. Open Floorplan: The open floorplan on the first floor creates an inviting atmosphere, ideal for hosting gatherings and making memories with loved ones. Flexible Living Space: A versatile flex room on the first floor offers endless possibilities – use it as a home office, playroom, formal dining area, or guest space! Oversized Owner's Suite: Retreat to your expansive owner's suite, a true sanctuary featuring a large walk-in closet for all your wardrobe needs. Peace of Mind with Solar Power: This home is equipped with solar panels and backup batteries, providing reliable and sustainable energy. Enjoy uninterrupted power, even during outages, and reduced utility costs. Prime Location: Situated near a cul-de-sac, this home offers a quieter setting with reduced through traffic, making it perfect for families. Convenient Davenport Location: Located in the desirable Davenport area, this home is close to major attractions such as Disney World and Universal Studios, shopping, dining, and excellent schools. Don't miss this incredible opportunity to own a piece of paradise in Davenport! This home at 569 Seattle Slew Dr combines modern amenities, a fantastic location, and the peace of mind that comes with a reliable power source. Schedule your showing today and experience the ultimate in Florida living!

Estimated
Seller's interest rate
2.75%
7%
Estimated
Principal & interest
$1,431/mo.
$2,237
You may also save up to $257,295 in total interest paid.
Listing price
$515,000

Your cash down payment
$191,370
Seller’s estimated current equity is $191,370
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with a 2nd mortgage.
Estimated $1,431 monthly payment

Financed
$323,629
Assumed mortgage 2.75% • Seller's rate
$323,629
2nd mortgage 9.25% • No prepay penalty
$0

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Details
Home
Size
2,656 sqft
Lot size
0.13 acres
Year built
2019
Type
Single Family Residence

Source: STELLAR #o6267308

Loan
Remaining term
26 years, 7 months
Rate
2.75%
Monthly P&I
$1,431
Remaining loan balance
$323,629

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

expand content

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.

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Last updated: Jan 09, 2025 10:52 am
Listing agent: Chris Creegan (407) 509-2159
Listing provided courtesy of: CREEGAN GROUP (407) 622-1111
Details provided by STELLAR and may not match the public record.
MLS ID: #o6267308
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,431/mo
View details