7657 Mount Carmel Dr, Orlando, FL 32835
4 beds · 3 baths · 2,458 sqft
Exceptional Home in Metro West’s Vista Royale - *Brand New Roof being installed for Next Owner!* Experience one of Southwest Orlando's most sought-after neighborhoods. The oak lined community, developed by the award-winning ABD Development, exemplifies upscale living and this welcoming waterfront pool home and its numerous enhancements is a move in ready premier asset in a lovely West Orlando suburb. The property features fresh exterior and interior paint, new soffit and fascia, and a newly installed screen enclosure for the pool, complete with updated pool lighting and pump. The home has been entirely re-plumbed, and new Andersen and Pella windows have been incorporated throughout. Custom Bahama shutters enhance the home's elegance and allow natural light to flow in. Both guest bathrooms have been professionally remodeled, showcasing new granite countertops, updated cabinets with soft-close drawers, and modern light fixtures. The stunning kitchen remodel boasts quartz countertops, brand-new stainless steel appliances, and designer lighting, creating a perfect space for culinary endeavors. Additionally, the custom outdoor kitchen extends your entertaining options, perfect for hosting gatherings while enjoying the beautiful Florida weather. The open floor plan is accentuated by volume ceilings and crown molding, while the split floor plan provides a seamless flow between formal living and dining areas, as well as a cozy family room featuring a fireplace. The spacious owner’s suite offers a luxurious bath experience, complete with a walk-in shower, a garden tub, and an expansive dressing area designed with a California closet layout. The fourth bedroom, conveniently located off the foyer, is ideal for use as a home office or den. The oversized two-car garage provides ample storage space, including hanging racks for additional organization. Enjoy relaxation on the covered pool deck that overlooks the tranquil lake, home to friendly birds and ducks, as well as breathtaking Florida sunsets. Vista Royale is a gated community located in a walkable and welcoming neighborhood, offering easy access to the 408 and just minutes away from downtown Orlando. On your visit, embrace the welcoming energy of this remarkable home, which offers diverse indoor and outdoor spaces, including the custom outdoor kitchen, while maintaining a close connection to nature and the heart of Orlando’s MetroWest Golf community. Please note that one or more photos are virtually staged.
Source: STELLAR #u8252419
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8252419
Source: Public records
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: #u8252419
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.