585 Scott Lake Creek Ln, Lakeland, FL 33813
4 beds · 3 baths · 3,110 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 585 Scott Lake Creek Ln located at the Meadows at Scott Lake Creek of south Lakeland. This newly 2022 built single family home boasts a spacious 3,110 square feet with solar panels equipped for full home efficiency and savings on electricity year round. The floor plan features 4 bedrooms, plus a den/office and 2.5 bathrooms with an extra spacious first floor living area along with an additional lofted living area. Upgraded benefits of this home include the extended covered patio, the French doors accessible to the patio and office/den, tile across the entire first floor of the home, the gourmet kitchen with double oven and granite countertops with an upgraded primary bathroom with a frameless shower door. This home is deemed Energy Star certified by the builder, and includes a wifi thermostat that is easily controlled at the touch of your fingertips from your devices and the water heater is energy efficient pulling the heat from the garage to power itself. Walk in through the front door into the foyer with the office to the left and a flex area with an expansive living area straight ahead. The open gourmet kitchen features an island with granite countertops, taller cabinets with crown molding and window displays for your special showcase dish sets or wine collections, along with upgraded appliances with custom pendant lighting that compliments the dining chandelier. The walk in pantry and a convenient mud room for hanging your organized daily items are located just off of the kitchen with access to the two car garage. Walk up the steps to the secondary loft living area that leads to the four tri-split bedrooms with the hallway bathroom which includes an upgraded dual sink vanity. The primary bedroom is on the far right with an oversized walk in closet and an ensuite bathroom with a dual sink vanity, step in shower and a garden tub for soaking and relaxing. The spacious laundry room also includes the extra features of a sink and cabinets. Enjoy the outdoors from the ground level of French doors from the dining area to the patio leading to the back yard with buffered landscaping for privacy. This community has no CDD fees. This area is zoned for Highlands Grove Elementary School, Lakeland Highlands Middle School and George W. Jenkins High School. This home is conveniently located nearby shopping and dining in downtown Lakeland, Lakeside Village and along SR-37 and commuter friendly to SR-37 and Polk Pkwy, near area employers, including Publix and Geico corporate offices. Close in proximity to dining, shopping, gyms and outdoor recreation, including Christina Park, Loyce E. Harpe Park, Peterson Park and Diogi Dog Park. This home has been meticulously maintained by its first homeowners and is move in ready. Be ready to be impressed. Schedule your showing today!
Source: STELLAR #L4949414
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #L4949414
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 and Equal Opportunity Act.