728 Mccoy St, Winter Haven, FL 33880
4 beds · 2 baths · 1,792 sqft
Why wait to build? This practically new 2021-built Southern Home is ready and waiting for you! With 4 bedrooms, 2 bathrooms, situated on a 70-foot lot (.22 acre) and in the gated community of 'The Groves at Crystal Beach' this property is a must-see. The inviting open great room is highlighted by a built-in decorative fireplace, setting a cozy ambiance that effortlessly flows into the bright dining area, modern kitchen, and casual dinette—making it the perfect space for gatherings and entertaining. The luxurious primary suite is a private retreat, boasting an en-suite with dual sinks, tile walk-in shower, and an expansive 14x8 walk-in closet that will impress. The thoughtful split bedroom plan ensures privacy, with three additional bedrooms tucked away on the opposite side of the home, sharing a well-appointed hall bath with a tile tub/shower. Relax on your back open patio and enjoy the backyard, or savor your morning coffee on the front covered patio. Conveniently located off HWY 17, with easy access into downtown Winter Haven, shopping, restaurants, and medical. Also quick access to the Polk Parkway or I4 to Orlando or Tampa.
Source: STELLAR #p4931774
Source: STELLAR #p4931774
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: #p4931774