6050 Oak St, Mims, FL 32754
3 beds · 2 baths · sqft sqft
Welcome to 6050 Oak St, a charming 3 bedroom, 2 bathroom home situated on a generous .71 acre lot, offering a perfect combination of comfort, space and convenience. Recently refreshed with new interior paint and a beautifully remodeled bathroom in the main bedroom, this home is move in ready and offers a perfect blend of modern updates and classic charm! The primary bedroom also features a versatile office space, which could easily be coverted into a second closet, dressing room, or a cozy reading nook providing flexibility to meet your lifestyle needs. In addition, a new water softener has been installed for added comfort and quality throughout the home. The heart of this home is its large, kitchen and family room, creating an ideal space for family gatherings and entertaining. The kitchen is open and functional, with plenty of counter space, storage and a layout the flows seamlessly into the spacious living and family room. This open concept design provides a welcoming atmosphere, whether you're cooking, relaxing or hosting guests, this space has it all! For added peace of mind, the garage is equipped with a generator plug, ensuring you're prepared for any power outages. Step outside, and you'll be delighted by the expansive, fully fenced in backyard- ideal for pets, play or simply enjoying the outdoors. A standout feature of the property is 600sq foot detached garage, which has been fully dry walled and includes a window air conditioning unit, making it the perfect space for a workshop, hobby room or additional storage. Located just a short distance from US-1 and I-95 for easy commute, and within driving distance of Kennedy Space Center and the beaches! One hour from Orlando! Whether you're looking to enjoy the serene space of a large lot or take advantage of the prime location for work or play; 6050 Oak St offers the perfect balance for all. Don't miss out on this unique opportunity- schedule your tour today and see everything this home has to offer!
Source: BREVARDMLS #1029468
Interest rate and monthly payment estimated based on public records.
Source: BREVARDMLS #1029468
Source: Public records
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: #1029468
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.