764 SARNER PASS WAY, Winter Haven, FL 33881
Welcome to your new home at 764 Sarner Pass Wy., Winter Haven, FL 33881. This newly constructed residence boasts 1,983 square feet of modern living space, featuring 4 bedrooms and 2 bathrooms, perfect for both comfort and functionality. Step inside to discover a triple split floor plan that ensures privacy and space efficiency. The gourmet kitchen is a chef's delight, equipped with stainless steel appliances, granite countertops, and a striking quartz island, ideal for meal preps and gatherings. High ceilings throughout the house amplify the sense of space, complemented by durable vinyl plank flooring for a sleek look. The primary suite is a true retreat, designed with a dual-sink vanity and a walk-in shower, offering a spa-like atmosphere for relaxation. Additional features include a high-efficiency solar system, capable of generating enough power for the entire home, reducing your utility costs. The home also comes with a water purification system, an electric vehicle charger, and a serene covered patio, perfect for unwinding and outdoor entertainment. Located in a vibrant community, your new home is conveniently near essential amenities for your everyday needs, and quality education opportunities. Leisure is just a short stroll to Hidden Golf Club Retirement Community as well as Lake Henry where you can use your boat or jet sky. This property not only offers a luxurious living experience but also practical solutions tailored to an eco-friendly lifestyle. Make 764 Sarner Pass Way. you're forever home and enjoy the blend of functionality, style, and sustainability in one of the fastest growing cities in FL. Potential buyer can assume the mortgage at 4.875%.
You may be able to put down less than the total down payment amount of $29,060 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: #o6205020