636 TANARO LN, Haines City, FL 33844
***PRICE REDUCED**Ready to move without wait, 4 bedroom 3 bath, 2,200 square foot home in beautiful Haines City, FL at Magnolia Park. See how spacious the entry hallway, living room, dining room, and kitchen open floor concept is for those family gatherings. Equipped with not only a main bedroom but also a secondary bedroom with a private bathroom. This stunning home design offers a perfect balance of style and functionality providing ample space for comfortable living. The open-concept layout seamlessly connects the kitchen, dining area, and living room, creating a spacious and inviting atmosphere. The modern kitchen is equipped with high-quality stainless steel appliances, a large counter, and plenty of storage space in the pantry and cabinets. The bedrooms are well-appointed and provide privacy and relaxation for family members. The master suite is located in the back of the home to ensure privacy. The additional three bedrooms are placed on the opposite side of the home and are versatile to accommodate family and guests or a home office. The lanai in the back extends your living space outdoors with a fully fenced backyard and provides the perfect place to host gatherings or simply enjoy the weather. Enjoy walks in the beautiful Magnolia community or take a dip in the community pool. Just a few short minutes from Highway 27, Restaurants, Shops, grocery stores, Medical Offices, and Hardware stores. 20 minutes from Legoland. This home is waiting for you!
You may be able to put down less than the total down payment amount of $130,270 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: #o6233036