583 Taft Dr, Davenport, FL 33837
5 beds · 3 baths · 2,755 sqft
Beautiful Single-Family Home – Perfect for Families or First-Time Buyers!******Seller Motivated!!!*****Seller to give $10,000 towards buyer closing costs. Welcome to your dream home! This stunning 5-bedroom, 3-bathroom property boasts 2,755 sq. ft. of living space designed for comfort and convenience. Nestled in a prime location close to shopping plazas, restaurants, and just minutes from Disney World, this home offers the perfect blend of functionality and charm. As you step inside, you’re greeted by a spacious open-concept living and dining room, ideal for hosting gatherings or family dinners. The kitchen features modern stainless steel appliances, making meal prep a breeze. Upstairs, the expansive loft area provides endless possibilities—use it as a game room, home office, or cozy lounge. With five generously sized bedrooms, there’s plenty of space for everyone. The primary suite includes ample closet space and a private bathroom for your personal retreat. Other features include a 2-car garage and a thoughtfully designed layout perfect for growing families. The property is move-in ready, making it an excellent choice for first-time homebuyers. Don’t miss this opportunity to own a gorgeous home in a prime location. Schedule your showing today and start creating unforgettable memories!
Source: STELLAR #S5118634
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #S5118634
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.