6244 Napa Dr, Lakeland, FL 33813
4 beds · 2 baths · 2,814 sqft
One or more photo(s) has been virtually staged. Nestled in the Hickory Ridge Subdivision of South Lakeland, this stunning 4-bedroom, 2-bathroom home offers over 2,800 square feet of spacious living. As you arrive, you’ll be welcomed by mature landscaping that enhances the curb appeal and creates a warm, inviting atmosphere. This residence is perfectly situated in a peaceful cul-de-sac, ensuring privacy with no rear neighbors. Step inside to discover an expansive family room, ideal for entertaining and family gatherings, featuring a charming wood-burning fireplace that adds a cozy touch. The open floor plan seamlessly connects the living spaces, allowing for easy interaction, while a thoughtfully designed split bedroom layout provides added privacy for the primary suite. The heart of the home, the kitchen, boasts modern amenities including a stainless-steel smart stove and an LG smart refrigerator. Ample counter space and cabinetry offer functionality and storage, all while providing views of the family room, so you can stay engaged with guests or family members while preparing meals. The primary bedroom is a true sanctuary, with direct access to a versatile 30x10 bonus room that can be transformed to suit your needs—whether it’s an office, playroom, or workout area. The ensuite bathroom is a luxurious retreat, complete with dual vanities, a walk-in shower, a relaxing tub, and a spacious walk-in closet. There is also a connecting bedroom perfect for an office or nursery. On the opposite side of the home, you’ll find two additional bedrooms, all equal in size. The second bathroom features a convenient shower/tub combination and direct access to the screened-in patio, providing the perfect space to unwind. Recent upgrades, including new luxury vinyl flooring in the family and living rooms, a new roof, an upgraded HVAC system from 2017, and the installation of a solar attic fan, make this home not only stylish but also energy-efficient. The outdoor space is equally impressive, with a fenced-in backyard for enhanced privacy, a 10x21 shed complete with a garage door for lawn equipment and storage, and various fruit trees adding a touch of nature to your yard. Conveniently located near a variety of shopping, dining options, and with easy access to the Parkway, this home embodies both comfort and practicality. With its ample space, modern features, and serene setting, this property is truly a place to call home. Don’t miss the opportunity to make it yours!
Source: STELLAR #L4950479
Financials
Source: Public records
Source: STELLAR #L4950479
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.