806 Avenue G NE, Winter Haven, FL 33881
4 beds · 2 baths · 1,989 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. Priced to move! Welcome to your dream home—perfectly nestled between Lake Elbert and Lake Martha with convenient access to nearby boat ramps. This beautifully updated 4-bedroom, 2-bath residence sits on an oversized lot and offers both space and style just two blocks from Polk State College in Winter Haven. You are just minutes away from Winter Haven Hospital, the walking track at Polk State College and Rotary Park. This home was rebuilt and remodeled in 2017 and boast many updated features. Step inside to discover LED lighting, 10 foot ceilings and luxury vinyl plank flooring throughout the common areas, creating a modern yet low-maintenance foundation for everyday living. The large primary bedroom features generous space for relaxation, a walk in closet and an en-suite bath with a sleek glass shower and dual vanity. Granite countertops add a touch of elegance to the kitchen, making it a perfect spot for entertaining or enjoying quiet nights in. The kitchen also boast stainless steel appliances, soft close cabinets and a dual sink. The home comes equipped with a whole home security system and wired security cameras, monitored in conjunction with an ADT subscription. All new cordless blinds were just installed throughout the home and all windows are double pane helping with energy efficiency. The fenced in backyard with a double gate allows for truck and trailer access, making it easy to store your boat or recreational vehicles. There is a storage shed affixed to the house that has a window unit and available electric. The finished attic offers ample interior storage for all of your storage needs. Seller is offering a carpet allowance. Whether you're drawn to the water, need easy access to local amenities, or just want room to grow, this home has it all. This is one you do not want to miss; a beautiful home in a prime location. Call me today to schedule your private showing.
Source: STELLAR #P4934427
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #P4934427
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.