840 Luarca Ln, Oviedo, FL 32765
3 beds · 4 baths · 1,820 sqft
Welcome to The Hamptons at Oviedo on the Park! This beautiful 3-bedroom, 3.5-bathroom luxury townhome, built by Ashton Woods, offers plenty of space across three well-designed floors. On the first floor, you'll find a private bedroom suite with a full bathroom, walk-in closet, and access to a cozy patio. The second floor is the heart of the home, featuring high ceiling, an upgraded kitchen with stone countertops, 42” cabinets, stainless steel appliances, and a huge island—perfect for cooking and entertaining. The kitchen opens up to the dining area, and the bright living room leads to a spacious patio. Half-bath on this floor is convenient for family and friends coming over. The third floor has a stunning master suite with a large walk-in closet and a spa-like bathroom, complete with dual sinks and a rainfall shower head. Down the hall, the third bedroom has its own full bathroom, and the large laundry room is right nearby for easy access. New roof is coming April 2025. A huge variety of enjoyable activities and attractions nearby, including: Oviedo on the Park, a central hub for community events and leisure activities. Cross Seminole Trail is perfect for hiking, biking, and equestrian activities, connecting various parts of Seminole County and offering scenic views of the local landscape. Overlook Park provides amenities such as picnicking areas, BBQ facilities, boating and fishing access, a boardwalk, and a pavilion, making it ideal for a relaxing day outdoors. And historic Downtown Oviedo, where many buildings date back to the late 19th and early 20th centuries, offering a glimpse into the city's rich history and culture. Zoned for A rated schools here in Seminole County: Evans Elementary, Jackson Heights Middle, and Oviedo High. Welcome home to 840 Luarca Lane!
Source: STELLAR #S5122302
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 #S5122302
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.