5745 Poyner Rd, Polk City, FL 33868
3 beds · 2 baths · 2,239 sqft
Ready to Retire to a charming country home which sits proudly on 12.63 acres? Look no further! This secluded luxury home has a beautiful pond out front so you can enjoy your morning coffee, sitting on your front porch. This property offers, views of woods all around the property. Bring your horse's or animals. Even has a Pole Barn to stall your horse's in. Open the front door to a custom-built home with beautiful travertine floors throughout. Has 3 bedrooms and front office space. Family room/dining room overlook a gorgeous screened in pool with a cascading waterfall. Enjoy your glass of wine in the evening inside the screened back lanai area. Custom granite dining room table with split face stone for entertaining. Bar stools around kitchen bar and by window, for extra seating for guest. Upgraded granite countertops throughout kitchen & bathrooms. Laundry room right around the corner. A customer bar right by the kitchen for guest. Master bedroom & bath is a place to relax & enjoy. Comes with a garden jetted tub & walk in shower. Garage has been converted to an Entertainment room. You can bring your family downstairs to shoot pool and have fun! Large family room. Split bedrooms 1 & 2 are right behind family room with a beautiful full bathroom to share. Walk around your 12+ acres, property has storage shed for all your lawn equipment. Even has a playhouse for your little ones to enjoy. Has a wood fence all around. This luxury home has so many extras. You have to come to see to enjoy. Call today for a private showing, you won't be disappointed.
Source: STELLAR #p4931910
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #p4931910
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: #p4931910
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.