8019 Arcadian Ct, Mount Dora, FL 32757
2 beds · 2 baths · 1,501 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Imagine enjoying a cup of coffee on your back patio, looking out over the golf course in the early morning light. This stunning 3 bedroom, 2 bathroom home 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 3 are located at the front of the house, with a beautifully remodeled bathroom conveniently situated between them. 3rd bedroom is 13x11 with plenty of room to drywall in a closet and still have a nicely sized bedroom. For the right offer, seller is open to adding the closet for the buyer. 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
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #O6259681
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.