8019 Arcadian Ct, Mount Dora, FL 32757
2 beds · 2 baths · 1,501 sqft
Imagine enjoying a cup of coffee on your back patio, looking out over the golf course in the early morning light. This stunning 2 bedroom, 2 bathroom home, plus an office, has been fully upgraded to meet your every need. As soon as you step through the front door, you’ll be greeted by an inviting open floor plan that exudes warmth and style. The common areas feature luxury vinyl wood plank flooring, high ceilings, and a neutral color palette that beautifully complements the natural light streaming in from every angle. The kitchen is a chef's dream, boasting 42-inch white shaker solid wood cabinetry, brushed oil bronze hardware, luxurious granite countertops, stainless steel appliances, and a convenient breakfast bar. Adjacent to the kitchen is the dining area, which offers a fantastic view of the golf course. Step outside into your expansive screened-in back patio that seamlessly connects indoor and outdoor living, making your home feel even more spacious. The primary suite, a true retreat, overlooks the golf course and is a private oasis filled with light. It features a beautifully designed bathroom with dual sinks, brushed oil bronze hardware, two closets, a separate toilette room, and a walk-in shower. Bedroom 2 and the office are located at the front of the house, with a beautifully remodeled bathroom conveniently situated between them. If you need a third bedroom, the office can easily serve this purpose. Additional highlights include a two-car garage, an indoor laundry room, a large pantry, and optional access to the Country Club of Mount Dora. This membership includes use of pickleball courts, a pool, tennis courts, the golf course, community events, member dinners, and much more! You also won’t have to mow or hedge - this HOA does it for you! Situated close to historic downtown Mount Dora, you’ll enjoy a rich array of dining options and community events, along with access to the stunning Mount Dora chain of Lakes. Don’t miss out on this opportunity to turn this dream home into your reality. Contact me today to schedule your private showing—you won’t regret it! You can also view the virtual tour here: https://www.tourdrop.com/dtour/387744/Showing-MLS
Source: STELLAR #o6259681
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6259681
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: #o6259681
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.