650 East Ave, Clermont, FL 34711
3 beds · 2 baths · 1,222 sqft
Introducing a charming home at 650 East Ave, Clermont, FL 34711, now available for sale. This newly listed property presents a wonderful opportunity for anyone looking to become a homeowner in a prime location. Boasting 3 bedrooms and 2 bathrooms, this house offers ample space for families, couples, or anyone in between. Step into a home that combines comfort with style featuring high ceilings and hard flooring throughout its spacious 2100 sqft layout. The kitchen, a standout with its granite counters and rustic distressed flooring, adds a touch of elegance while providing all the necessary amenities for cooking and gathering. Recent updates include a roof replaced in 2023 and an AC system upgraded in the last couple of years, ensuring peace of mind for the new owners. The placement of the house is perfect for those who appreciate convenience and recreation, being within walking distance to the picturesque Clermont lakefront park and nearby shopping, restaurants, and theme parks. Major roads are also easily accessible, making commuting a breeze. Each room in this home is designed with ease and comfort in mind, highlighted by the primary bedroom, which serves as a tranquil retreat. Whether you’re a first-time buyer or looking to relocate, 650 East Ave offers a blend of style, comfort, and convenience that is hard to match. Don’t miss the chance to make this house your new home. Start your new chapter in Clermont, where beauty and convenience meet!
Source: STELLAR #o6237048
Source: STELLAR #o6237048
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: #o6237048
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.