6244 Napa Dr, Lakeland, FL 33813
4 beds · 2 baths · 2,814 sqft sqft
One or more photo(s) has been virtually staged. This impressive home spans over 2800 square feet and offers an array of sought-after features in a prime location on a private .37 acre lot in a low HOA community. From its lofty volume ceilings to its inviting wood burning fireplace-adorned family room, it's designed for both comfort and entertainment. A spacious 31x12 bonus room adds versatility, while the split plan ensures privacy. Entering the home you have a formal living room which opens to the large bonus room. The master suite is to the left as well as an additional bedroom which connects to the master bathroom making it an ideal space for a home office or nursery. The large kitchen boasts newer appliances, abundant counter space, and a convenient pass-through to the family and bonus rooms. Luxury vinyl flooring adds sophistication, while the inside laundry room provides built-in shelving for organization. The east end of the home has a den with wood burning fireplace, 2 more bedrooms, and a bathroom including an exit to the covered screened patio. Updates include a new roof, water heater, LG Smart stove, LG Smart Refrigerator, and flooring in 2022, dishwasher in 2021, an upgraded Trans air conditioner in 2017, and the installation of a solar attic fan for improved efficiency. Hurricane impact, tinted windows offer both safety and energy savings. Step outside to a sprawling screened patio/lanai overlooking the lush backyard, adorned with a variety of fruit trees including meyer lemon, sambo lemon, and a third lemon variety, grapefruit, blood orange, loquat, lime, blackberry vines, and a plentitude of banana trees. A sizable 10x21 shed with a garage door offers additional storage, while wood fencing ensures privacy. Enjoy the serene backdrop of protected wooded conservation land owned by the HOA to the rear, guaranteeing no rear neighbors. Conveniently located in South Lakeland, this home offers easy access to shopping, medical facilities, and major highways, while still providing a tranquil retreat in a secluded cul-de-sac. Don't miss the chance to make this stunning property yours!
Source: STELLAR #o6201926
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6201926
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: #o6201926
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.