624 Autumn Stream Dr, Auburndale, FL 33823
4 beds · 2 baths · 1,828 sqft
SELLER IS MOTIVATED! "THIS HOME COULD BE PURCHASE WITH NO MONEY DOWN" Welcome to Watercrest! *SELLER IS INCLUDING ALL KITCHEN APPLIANCES * SELLER OFFERING $5,000 FOR CLOSING COST Look no further than this well maintained, newly built 4 bedroom, 2 bathroom single family home. This home has everything you want and more. Step into the spacious master bedroom, complete with a large walk-in closet and a luxurious bathroom featuring dual sinks and stunning granite countertops. The open floor plan seamlessly connects the kitchen, dining room, and living room, creating a welcoming space for your gatherings. The kitchen is equipped with top-of-the-line features, including granite countertops and stainless steel appliances, such as a refrigerator, microwave, range, and dishwasher, washer and dryer. Prepare to be amazed by the smart home features, including Z Wave light switches, a door lock, thermostat, doorbell, and a convenient touch screen control hub and Dot - all included. The community amenities are equally impressive, with a playground and pool with a cabana for your enjoyment. Located in close proximity to Polk County's schools and just minutes away from major highways like highway 27. Experience the best of Polk County, with sought-after schools, convenient shopping options, and much more. Minutes away from Lego Land where you could enjoy endless restaurants and park attractions. Auburndale is also minutes away from Davenport, Winter Haven, and Lakeland. Watercrest is truly the perfect place to call home! Schedule your private showing today.
Source: STELLAR #o6261417
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6261417
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: #o6261417
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.