718 Eagle Landing Blvd, Winter Haven, FL 33880
4 beds · 3 baths · 1,900 sqft
One or more photo(s) has been virtually staged. *** 10K PRICE REDUCTION *** READY TO SELL!!!!! PRICED TO MOVE! ASSUMABLE MORTGAGE At 4.875% for qualified buyers! Welcome to the beautiful community of Eagle Landing of Winter Haven! Step into modern living with this brand-new 2023 construction home located in the peaceful, SOLD-OUT community of Eagles Landing in beautiful Winter Haven, Florida. This home offers an unparalleled blend of modern comfort and style. Enjoy the convenience of being just 7 minutes from Legoland while benefiting from the privacy of NO REAR NEIGHBORS. This super spacious 4-bedroom 2.5 bath split floor plan beauty seamlessly combines elegance and convenience, offering a bright, spacious two-story layout that maximizes space and natural light perfect for any lifestyle. The contemporary kitchen, complete with sleek granite countertops, brand-new stainless-steel appliances, and walk-in closets for generous storage are just a few of the highlights. All the bedrooms are spacious with large closets, as well as an oversized primary suite that has an amazing walk-in closet perfect for a designer built in and a second walk in closet as well! This unique property is perfect for those seeking a modern, well-appointed home in a prime location!
Source: STELLAR #o6254493
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6254493
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: #o6254493
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.