624 GULL DR, Kissimmee, FL 34759
Price reduced to sell! Come see this well maintained 3 bedroom, 2 bath split plan home. A lot of upgrades on this one in the past few years. New Stainless steel Refrigerator and Microwave 2024. Guest bathroom tub and toilet installed 2024. AC Unit 2023. Water Heater. 2022. New Kitchen Floor 2018 The master bedroom features a spacious walk-in closet and the master bath has been completely remodeled and includes a walk-in shower installed 2024. Roof installed in December 2017 also carpet in the master and guest bedroom. The third bedroom is tiled and includes a built-in wall unit/shelving system and is ready for anything from a guest room, to a craft room or even a home office. The home also boasts a large, eat-in kitchen. The home has been freshly painted inside with 2017 ceilings fans and light fixtures. The 2 car garage has plenty of storage as well as pull down stairs to access the attic. The garage includes a door that has been completely "overhauled" updated in 2017 and work done includes belt driven opener, all rollers, springs and exterior keypad for your convenience. The home sits on a nice sized lot and backs up to a wooded area where you have no rear neighbors! You can enjoy the peace and quiet while having your morning coffee on the fully screened back porch! This home is ready for your family so don't let this one get away!
You may be able to put down less than the total down payment amount of $141,202 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #s5108735