766 Ogelthorpe Dr, Davenport, FL 33897
4 beds · 3 baths · 2,802 sqft
Get ready to fall in love with this stunning, upgraded home in Davenport. www.tourdrop.com/dtour/386503/Video-MLS This one is a true showstopper! Perfect for anyone looking to relocate, upgrade, or simply enjoy more space. Sitting on a large, fully fenced lot, this is the kind of gem that’s hard to find! Whether you're seeking a primary residence or an investment property for short or long-term rental, this home checks all the boxes. From the moment you walk in, you'll be captivated by the bright and open-concept living space, designed to entertain! The kitchen is a chef’s dream with gorgeous quartz countertops, 42" solid wood cabinets, and a layout that flows seamlessly into the dining and family rooms. Imagine hosting friends and family in this spacious, light-filled home, with a large patio that floods the main living area with natural sunlight. Upstairs, you'll find four spacious bedrooms plus a loft, perfect for a growing family or extra space to work from home. Every inch of this home has been thoughtfully upgraded, and it’s clear that it’s been meticulously maintained by its one and only owner. Situated in the highly sought-after area of Davenport, you’ll be just minutes away from world-famous theme parks, premier golf courses, and all the top attractions Central Florida has to offer. With easy access to Championsgate, Highway 27, and I-4, commuting or getting around town will be a breeze! This home is not only beautiful but also a smart investment. Don’t miss your chance to own a piece of Florida paradise! This gorgeous home won’t last long!
Source: STELLAR #o6245287
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6245287
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: #o6245287
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.