600 Northern Way Apt 806 # 806, Winter Springs, FL 32708
3 beds · 3 baths · 1,447 sqft
Welcome to your new home in the Winter Spring’s community of Tuscany Place where you will find your choice of 3 EN-SUITE BEDROOMS (one on the main floor!), 3 full bathrooms, a modern kitchen, OPEN CONCEPT LIVING and you are zoned for TOP-RATED SEMINOLE COUNTY SCHOOLS! **FHA and VA FINANCING APPROVED COMMUNITY!** Built in the style of a townhome this SPLIT BEDROOM floor plan gives you versatile options whether you need a dedicated home office or guest suite. The natural flow from the foyer brings you into a well appointed kitchen where the home chef will enjoy rich cabinetry, STAINLESS STEEL APPLIANCES, granite counters, a pantry for ample storage and breakfast bar seating under pendant lighting for casual gatherings. Upstairs you will find a generous PRIMARY SUITE, with twin windows for great light, WALK-IN CLOSET (with a built-in storage system!) and private en-suite bath. The spacious second bedroom also enjoys en-suite access to the third full bath. This low maintenance home has 2 ASSIGNED PARKING SPACES and the A/C compressor was just replaced this year - 2024. This unit is conveniently close to the COMMUNITY POOL and Tuscany Place offers residents additional AMENITIES that include lawn care, pest control, GATED ACCESS and more! Located just minutes from Tuskawilla Rd, SR 434, 417 with easy access to Trotwood Park, Tuscawilla Country Club, Central Winds Park, the cities of Oviedo and Winter Springs, local shopping and dining! The lovely city of Winter Springs is a hidden Central Florida gem and offers a vibrant atmosphere full of community events, local shops, established restaurants and is just minutes from the hustle and bustle of Orlando. Call today to schedule your tour!
Source: STELLAR #o6243168
Source: STELLAR #o6243168
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: #o6243168
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.