6699 ALDER RD, Harmony, FL 34773
Welcome to your dream home in the prestigious community of Harmony West! This exquisite two-story residence boasts 4 spacious bedrooms, 3 luxurious baths, 10ft ceilings on both floors and a host of modern interior finishes that exude elegance and sophistication. First floor features newly installed tile flooring providing a sleek and contemporary feel and a guest bedroom and full bathroom provide extra convenience. A large under stairs closet provides ample space for all your storage needs. Enjoy cooking in a gourmet kitchen with 42’ cabinets and stylish black handles, tile backsplash, an upgraded Samsung Bespoke refrigerator, quartz countertops that are complemented by a black sink faucet, and pendant lighting that enhance the modern ambiance. Step upstairs and experience comfort and convenience with a UV light HVAC system and a large laundry room complete with a sink and cabinets. Primary bedroom features a large walk-in closet, and a barn door leading into the primary bathroom which showcases brand new tile flooring, a spa-like walk-in shower and a double sink vanity with beautiful, updated light fixtures. Two additional bedrooms and a full bathroom with updated tile floors are also located on the second floor. Situated on a large corner lot with no neighbors on one side, this home offers privacy and tranquility. The enclosed back porch is perfect for relaxing, and the meticulously landscaped exterior adds incredible curb appeal. The huge backyard is perfect for hosting and entertaining! A saltwater hot tub is included for your relaxation and enjoyment. Directly across the street, you'll find a playground and dog park, ideal for family fun and furry friends. Harmony West offers an array of amenities such as a resort style pool, fitness center and clubhouse with low HOA fees, ensuring a comfortable and vibrant community life. Plus, it's just a short drive to downtown St. Cloud, shopping centers, restaurants, hospitals, banks, and Melbourne Beach. Don’t miss out on your opportunity to own a piece of paradise!
You may be able to put down less than the total down payment amount of $209,672 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: #s5106689