648 Bloom Ter, Davenport, FL 33837
4 beds · 2 baths · 2,417 sqft
Get a free consultation call with an expert in the mortgage assumption process.
*PRICE REDUCTION*!!! Welcome to this ABSOLUTELY GORGEOUS HOME! As you pull up you will see an extended Cobblestone driveway, gravel stoned front garden with a well manicured lawn. Facing a conservation pond to enjoy a nice sunset or full moon over the water. This home is JUST A COUPLE YEARS PAST NEW! The most popular Floorplan with only 6 built in the entire neighborhood. The home has the look of a single story but with an upstairs level above half of the home to be used for entertaining, a game-room or for an older child living/visiting that need their own space. You’ll walk in to see a spacious foyer area long enough to create an Art Gallery on the walls leading into the perfect space of comfort and peace! It offers a middle lower level flex area the can be transitioned into a 4th bedroom if needed or a MOTIVATING HOME GYM. The kitchen features a double gourmet oven, decorative backsplash behind the glass top stove and custom honeycomb tile underneath the bar area. Very spacious fenced in backyard to let your imagination run free to create the perfect paradise right out back of your own home! Equipped with some of the latest technology such as Google nest A/C on both floors, Wiz light features in the bedrooms with app controls to change colors to set the mood you're in…and an alarm system with camera already in place for your safety monitoring The Primary bedroom is the perfect size for you with an En Suite bthroom to enjoy your warm soak in an upgraded garden tub, separate shower with built in bench, double sink vanity and toilet perfectly placed behind a privacy wall. Located in Astonia an ALL AGE friendly community no matter if you're an empty nester, have fur babies or real babies that will keep you on your feet at the dog park, playground or in a Resort Style swimming pool to work the heart and lungs or on those tan lines! This home is filled with loved and positive vibes and if not for a job relocation out of state it would not be up for the taking. With a short commute to Downtown Davenport, Legoland, Kissimmee and Orlando Theme Parks with UNLIMITED ENTERTAINMENT! GREAT OPPORTUNITY FOR BUYERS HAPPENING HERE. ON TOP OF IT ALL! This home will not last. Don’t miss out on such a WONDERFUL OPPORTUNITY to make it your OWN BEFORE ITS TOO LATE.
Source: STELLAR #TB8348405
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8348405
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.