VA loan
1 of 73
VA loan
$314,890

734 Marotta Loop, Ocoee, FL 34761

2 beds · 3 baths · 1,551 sqft

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 *

Estimated
Seller's interest rate
3.6%
7%
Estimated
Principal & interest
$972/mo.
$1,353
You may also save up to $112,850 in total interest paid.
Listing price
$314,890

Your cash down payment
$124,352
Seller’s estimated current equity is $124,352
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $972 monthly payment

Financed
$190,537
Assumed mortgage 3.6% • Seller's rate
$190,537
2nd mortgage 9.25% • No prepay penalty
$0

Interest rate and monthly payment estimated based on public records.

Location
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Details
Home
Size
1,551 sqft
Lot size
0.04 acres
Year built
2015
Type
Townhouse
HOA dues
$320.00

Source: STELLAR #O6202485

Loan
Remaining term
24 yrs and 8 mos
Rate
3.6%
Monthly P&I
$972
Remaining loan balance
$190,537

Source: Public records

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%. 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.

Other resources
Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

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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.

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Last updated: Mar 20, 2025 01:04 am
Listing agent: Mark Anthony Buot (407) 925-1716
Listing provided courtesy of: ROI AVE LLC (321) 663-7276
Details provided by STELLAR and may not match the public record.
MLS ID: #O6202485
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$972/mo
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