805 Leopard Trl, Winter Springs, FL 32708
4 beds · 2 baths · 2,608 sqft
Situated in the highly sought-after Winter Springs community, this beautifully updated home offers the perfect blend of comfort, privacy, and convenience. Set on an expansive nearly half-acre lot, the property features a stunning 12-ft deep private pool—ideal for swimming, entertaining, or simply relaxing under the Florida sun. Inside, the home boasts a timeless design with engineered hardwood floors throughout, creating a warm and inviting atmosphere. The recently renovated master bathroom is a true standout, featuring modern finishes and attention to detail. The entire home has been freshly painted inside and out, offering a clean and updated look that’s ready for you to move right in.The home’s thoughtful features extend beyond the living space. For added storage, there are large attached sheds that provide plenty of room for tools, equipment, or other belongings. The new vinyl fence around the property ensures privacy and security, making the spacious backyard perfect for pets, play, or outdoor activities. The Water Softener system provides clean water throughout the house. Plus, a gate in the back allows easy access for parking boats, RVs, or trailers—ideal for outdoor enthusiasts who need extra space for their toys.This property also offers a newer AC unit (installed in 2018), ensuring comfort year-round, and an optional HOA, giving you the flexibility of community amenities without mandatory fees. Located just minutes from shopping, grocery stores, and the vibrant communities of Winter Springs and Oviedo, this home is perfectly situated to enjoy both peaceful suburban living and easy access to all the conveniences of modern life. Whether you're seeking a private retreat or a home with room to grow and entertain, this property is a rare find and a true must-see. Don't miss out on the opportunity to make this dream home yours!
Source: STELLAR #O6285435
Financials
Source: Public records
Source: STELLAR #O6285435
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.