800 Lighthouse Cv, Sanford, FL 32773
3 beds · 2 baths · 1,147 sqft
LOCATION LOCATION LOCATION!! This gorgeous home is located in the extremely desirable Sanford Place. With 417 and the Sanford airport minutes away this home is a small commute from everywhere Orlando. Pulling up to this lovely property with picturesque curb appeal, you will be drawn inside by the New front door, recently painted exterior, wood panel accents, and beautiful shutters. Walking through the front door your eyes are drawn up to the grand cathedral ceilings and back down to the recently tiled living room. Both give this spacious entertainment area a grand feel. The kitchen is within view of your entry. The Kitchen features granite counter tops, tile backsplash, and stainless-steel appliances. Continuing your tour you will come to your primary suite. This room has plenty of room for a king bedroom set and is finished perfectly with new flooring and a personal slider to the back patio. The Primary bathroom is a complete renovation. featuring recently tiled shower, newer vanity, sink and mirror. The perfect addition to this suite. As a true split floor plan, you will continue your tour on the other side of the home. Here you have both of your larger guest bedrooms. The guest bathroom is located down this hall and has a tub for guests or little ones. Stepping out the backdoor you will love the tranquil screened in patio with an excellent view of your oversized lot.
Source: STELLAR #o6264175
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6264175
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: #o6264175
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.