5701 SURPRISE LILY DR, Winter Garden, FL 34787
Incredible Value for this pristine two-story that shows like a model home in the sought-after Horizon West community of Hamilton Gardens! Upon entering you will feel the expansive open floor plan perfect for enjoying with your family and friends! The inviting and spacious family room flows effortlessly to the dinette and kitchen areas. The beautiful gourmet kitchen has an abundance of light cabinets, and stainless steel appliances including double ovens, a cooktop and a huge granite island with a breakfast bar that can accommodate several counter chairs. A large separate dining room and a room that could be an office, a gym or the fourth bedroom. This flex space has a full bath on the same side just across the hall and completes the first level. This wonderful home is bathed in natural light throughout with incredible sunrise views looking over the backyard! The staircase leads you to the second level where you will find the spacious owner's suite with an impressive-sized bedroom. The ensuite bath has double sinks, a walk-in shower, a separate water closet and a huge walk-in closet! Two of the guest bedrooms are on this floor, one with a large walk-in closet that is next to the cheerful laundry room that includes a washer and dryer. Down the hall, you’ll find a terrific loft space that you can transform into a movie or game area and the other guest bedroom and a full bath. This like-new home sits on a premium corner lot with no rear neighbors and no homes to your immediate south. The Security system has two cameras that can be controlled through an app on your phone, a ring video doorbell and a WiFi-enabled garage door opener. The lanai has been pre-plumbed for natural gas and a water line for your future outdoor kitchen. Nestled in Winter Garden, this community is near SR-429, top-rated schools, state-of-the-art medical and wellness facilities, historic downtown Winter Garden, and Winter Garden Village. Hamlin Village is within one mile and has a Publix, Cinépolis Movie Theater, restaurants, Starbucks and more making it a perfect blend of lifestyle and location. Call me today to schedule your appointment to come at take a look! You will love living here!
You may be able to put down less than the total down payment amount of $272,366 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
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?
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: #o6215466
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.