6773 Coral Berry Dr, Mount Dora, FL 32757
4 beds · 3 baths · 2,233 sqft sqft
Welcome to 6773 Coral Berry Dr., a stunning single-family residence located in the charming town of Mount Dora, FL, 32757. This beautiful home boasts four spacious bedrooms, two full bathrooms, and an additional half bath, providing ample space for your family's needs. Step inside to discover an array of desirable interior features, including ceiling fans for year-round comfort and a well-designed layout that offers both functionality and style. The kitchen, complete with solid granite counter tops and solid wood cabinets, seamlessly flows into the family room, creating a perfect space for gatherings and entertaining. Enjoy your meals in the cozy eating space in the kitchen or in the separate dining room area. The primary suite is a true retreat, featuring a walk-in closet for all your storage needs. This home also comes equipped with essential appliances such as a dishwasher, dryer, microwave, range, refrigerator, and washer, making everyday living convenient and effortless. Outside, the property includes a 2-space attached garage, providing secure parking and additional storage. The community enhances your lifestyle with fantastic amenities, including a playground for the little ones, a refreshing pool for those hot Florida days, and well-maintained sidewalks for leisurely strolls or morning jogs. 6773 Coral Berry Dr. offers a perfect blend of comfort, convenience, and community living. Don't miss the opportunity to make this wonderful house your new home!
Source: STELLAR #o6207027
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6207027
Source: Public records
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: #o6207027
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.