6418 Quarter Horse Ln, Orlando, FL 32818
4 beds · 2 baths · 1,700 sqft
Under contract-accepting backup offers. Charming Wooded Cottage in Northern Orlando – A Hidden Gem! Tucked away in the heart of Northern Orlando, this enchanting .71 acre lot with 4 bedroom and 2 full bath cottage blends modern updates with timeless character. From the moment you arrive, the meticulously refreshed landscaping and natural foliage creates a serene retreat, setting the stage for the charm that awaits inside. Step through the front door onto beautifully restored original hardwood floors, a testament to this home's rich history. To the left, a spacious bedroom, which could be a primary bedroom, offers privacy and flexibility—ideal for a guest suite, office, or cozy den. Thoughtful details and electrical updates preserve the home’s unique personality while ensuring modern convenience. The fully renovated kitchen is a standout, boasting newer appliances, updated cabinetry, and a handcrafted backsplash—a chef’s delight! The primary suite features an enormous walk-in closet, ready to be customized to your needs. Just across the hall, the third and fourth bedrooms mirrors the stylish lighting and ceiling fans found throughout the home, creating a cohesive and inviting space. Fourth bedroom could also serve as a bonus room or office providing additional versatility. The full laundry room leads to the side yard for a convenient extra entrance. Outside, nature lovers will appreciate the thoughtfully trimmed mature landscaping, expansive front yard, and a perfect mix of outdoor living spaces, including a screened-in front and rear porches, a private patio, and newer sliding doors that welcome in fresh air and natural light. But that’s not all—this backyard is truly special, featuring a full workshop/shed with electricity and outlets, a cozy fire pit, and even a charming chicken coop with egg laying loft! This home is more than just a place to live—it’s a sanctuary of character, comfort, and charm. Don’t miss your chance to uncover this hidden gem—schedule your showing today!
Source: STELLAR #O6294714
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #O6294714
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.