5861 Bar Ranch Rd, Saint Cloud, FL 34771
4 beds · 2 baths · 1,773 sqft
***Priced BELOW recent appraisal*** Welcome to Sunbrooke, a sought-after community in the heart of St. Cloud, just minutes from Lake Nona! This stunning 4-bedroom, 2-bathroom home, built in 2022, offers modern design and convenience with an open floor plan and an abundance of natural light. As you step inside, you'll be greeted by high ceilings and a spacious living area, perfect for relaxing or entertaining. The stylish kitchen boasts sleek stainless steel appliances, quartz countertops, upgraded cabinetry, a walk-in pantry, and a large center island with bar seating—ideal for gathering with family and friends. The seamless flow from the kitchen to the dining and living areas ensures effortless hosting and everyday living. The private primary suite is a true retreat, featuring a walk-in closet and a luxurious en-suite bath complete with an oversize vanity and a spacious glass-enclosed shower. Three additional generously sized bedrooms and a second full bath provide plenty of room for guests, family, or even a home office. Step outside to your covered patio and enjoy Florida living at its finest. Whether you're sipping your morning coffee or unwinding after a long day, this outdoor space offers the perfect spot to relax and take in the serene surroundings. Sunbrooke residents enjoy fantastic community amenities, including a resort-style pool, clubhouse, playground, and scenic walking trails. Conveniently located near top-rated schools, shopping, dining, and major highways, this home offers easy access to all that Central Florida has to offer—including Disney, Downtown Orlando, and the beaches just an hour away. Don't miss this opportunity to own a move-in-ready, nearly new home in one of St. Cloud’s most desirable communities. Schedule your showing today! ***For a video walkthrough, click on "Virtual Tour"***
Source: STELLAR #O6278622
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Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Rates and payments are estimates based on public records.
Source: Public records
Source: STELLAR #O6278622
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.