6532 GREAT BEAR DR, Lakeland, FL 33805
MOVE IN READY, WATERFRONT LOT ON POND & CONSERVATION with MAGNIFICENT TROPICAL VIEWS!!! NO REAR NEIGHBOR & FENCED BACKYARD !! BUILT 2023 & MULTIPLE UPGRADES INCLUDED++++HIGHLY DESIRED incredible new WILLIAM RYAN HOMES design, THE FLORA++++beautifully designed home plan with 3 bedrooms, 2 bathrooms, and a 2-car garage ++LARGE FAMILY ROOM, a spacious owner's suite, an open kitchen with granite countertops, stainless steel appliances, and a delightful dining cafe. The family room boasts a breathtaking view of the covered & SCREENED lanai, perfect for entertaining guests or simply enjoying the sunny Florida weather. At the heart of the home, you'll find the magnificent owner's bedroom, featuring a generously sized walk-in closet, an ensuite bathroom with a glass-enclosed shower, and a private wash room. The kitchen and cafe have been thoughtfully designed to create a lifestyle center for the home, making entertaining a breeze. The refrigerator space has been cleverly positioned to allow the island and open view to take center stage, further enhancing the home's charming ambiance. Backyard space is private with no rear neighbors, perfect for a relaxing evening on your covered lanai. LIGHT & BRIGHT WITH EXTRA WINDOWS+++HUGE FAMILY ROOM open to the large BALCONY OVERLOOKING LAKE & KITCHEN w/HUGE CENTER ISLAND, LOTS OF GRANITE COUNTERS & UPGRADED WOOD CABINETS+ALL STAINLESS STEEL APPLIANCES+LARGE CORNER WALK IN PANTRY!!!!++++LARGE UPGRADED CERAMIC TILE++++ Enjoy more time outdoors; a covered lanai sits at the back of the home overlooking peaceful LAKE & CONSERVATION area--40 FEET OF LAKEFRONT LOT WITH NO REAR NEIGHBOR+++. HUGE MASTER SUITE & 2 SECONDARY BEDROOMS++Large Master Bedroom W/ Walk-in Shower, Double Sinks & Huge Walk-In Closet+++HOA includes internet, cable, community pool, club house, fitness center, tennis/basketball court, fishing dock and playground!!!!! TREMENDOUS VALUE & AMENITIES+++Minutes to Interstate, shopping & more!!!
You may be able to put down less than the total down payment amount of $32,390 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: #t3552050