734 MAROTTA LOOP, Ocoee, FL 34761
One or more photo(s) has been virtually staged. Step right up and behold your awesome abode built in 2015 and Newly Painted thru out! Move in ready!! in Towns of Westyn Bay community! This townhouse isn't just a home; it's a lifestyle upgrade waiting to happen! Nestled conveniently near the 429, getting around town (and beyond!) is a breeze. Forget the hassle of long commutes – downtown Orlando, theme park adventures, are all just minutes away with easy highway access. Your inner chef will rejoice at the sight of the kitchen decked out with granite countertops, huge island kitchen and stainless-steel appliances, ready to whip up culinary masterworks. Step outside onto your private patio with green space...and when it's time to cool off, simply mosey on over to the nearby pool – part of the larger-than-life Westyn Bay community extravaganza! But wait, there's more! As a resident, you'll unlock access to a clubhouse that's cooler than a cucumber, tennis courts where you can unleash your inner Serena Williams, and even a dock for those sunset strolls. And did we mention the volleyball court, soccer field, and another sparkling swimming pool? Yeah, we've got those too! Security-conscious? No problem! This gem is tucked away in a gated community, giving you peace of mind as you live your best life without having to hassle with lawn maintenance. YES ! no more cutting your own lawn! Inside, not one, but TWO master bedrooms await, each flaunting Cavernous walk-in closets with en suite baths. The open floorplan is your canvas for creating the ultimate hangout spot or hosting epic shindigs with friends. And let's talk convenience – with a one-car garage, nearby dining spots, a grocery store within arm's reach, and yes, even a Starbucks just a saunter away, you'll never want to leave. And who could forget about downtown Winter Garden? It's just a stone's throw away, beckoning you with its charm and endless entertainment options! Bright, airy, and downright fabulous, this townhouse isn't just a place to hang your hat – it's where memories are made and adventures begin. So, what are you waiting for? Your dream home awaits! *Room sizes, square footage and HOA are approximate and should be independently verified by buyer/buyer's agent. All information contained in this listing is believed to be reliable but is not guaranteed or warranted *
You may be able to put down less than the total down payment amount of $121,984 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: #o6202485
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.