591 Lake Smart Blvd, Winter Haven, FL 33881
3 beds · 2 baths · 1,949 sqft
Step into your dream home nestled by the serene Lake Smart, where every corner is designed to embrace comfort and luxury. This enchanting 3-bedroom, 2-bathroom haven boasts a versatile bonus room perfect for a bedroom, office, or workout space, accompanied by a spacious walk-in closet ensuring ample storage for your needs. Indulge in the sanctuary of the master bedroom, featuring an en suite bathroom complete with a private toilet room, walk-in shower, double vanity with high top counters, and a luxurious walk-in closet. The heart of the home beckons with a stunning upgraded kitchen adorned with a beautiful backsplash, a walk-in pantry, and an inviting island ideal for culinary adventures and entertaining. Relax and unwind in the elegance of the second bathroom, equipped with a dual sink vanity and a soothing tub, while two additional bedrooms offer cozy retreats for family or guests. Effortlessly manage household tasks with an inside laundry room and revel in the convenience of a two-car garage featuring attic stairs and ample floor space for additional storage. Step outside to your own private oasis, where a screened-in covered patio awaits, perfect for enjoying the tranquil surroundings with a fenced back yard. While the front yard envelops you in beautiful landscaping, creating a warm welcome every time you return home. As if that weren’t enough, the cherry on top is the breathtaking view of Lake Smart from your driveway, with a short stroll leading you to a picturesque dock where you can savor the stunning scenic vista at the end of the street. Welcome home to your own slice of paradise.
Source: STELLAR #o6195130
Source: STELLAR #o6195130
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: #o6195130