7327 Beaumont Dr, Lakeland, FL 33810
3 beds · 3 baths · 1,868 sqft
Under contract-accepting backup offers. AC 2023, ROOF 2019, SOLAR 2021 & 2023, HOT WATER HEATER 2023, POOL RESURFACED 2023, POOL SALT SYSTEM & VARIABLE SPEED PUMP 2023. Welcome to your dream home! This beautifully updated 3-bedroom, 3-bathroom residence offers a perfect blend of comfort, convenience, and modern living. Situated on a spacious corner lot, this property boasts an additional office, ideal for remote work or creative projects. One of the highlights of this home is the garage-converted mother-in-law suite, complete with a full kitchen and bathroom. It's perfect for extended family, guests, or even as a rental opportunity. Step outside to enjoy the fully fenced-in backyard, where you'll find charming sitting areas perfect for relaxation and gatherings. A storage shed provides ample space for your tools and outdoor equipment. The fully screened-in pool and patio area offer a private oasis, perfect for year-round enjoyment. Dive into the refreshing pool or relax under the covered patio, free from pesky insects. This home is also equipped with solar panels, ensuring energy efficiency and lower utility bills. Whether you're hosting a summer barbecue or enjoying a quiet evening at home, this property offers everything you need. Don't miss the chance to own this exceptional home on a larger corner lot—schedule your private tour today! Garage converted to Mother In Law Suite with full bathroom attached. Can also still be used as a garage with functioning garage door.
Source: STELLAR #v4938053
Source: STELLAR #v4938053
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: #v4938053