860 Killarney Ln, Auburndale, FL 33823
4 beds · 2 baths · 1,851 sqft
Welcome to 860 Killarney Ln, Auburndale, FL 33823 – a like-new 4-bedroom, 2-bathroom home offering 1,851 sq ft of beautifully maintained living space in the desirable Berkley Ridge community. Built in 2019 and barely lived in due to the owner’s work travel, this home is in pristine condition and completely move-in ready. All appliances are included, making your transition seamless. The home features a spacious, open floor plan with a 2-car garage and a partially fenced backyard with a vinyl privacy fence, perfect for outdoor activities. The interior and exterior have been exceptionally well-maintained, making this home feel brand new. Whether you're looking for a family-friendly space or a peaceful retreat, this home offers it all. Located just minutes from downtown Auburndale, this property places you in the heart of everything Central Florida has to offer. Enjoy small-town charm with the convenience of being centrally located between Orlando and Tampa. You’ll be just 10 minutes from I-4, 25 minutes to downtown Lakeland, and 18 minutes to downtown Winter Haven, giving you easy access to dining, shopping, and entertainment. Whether you’re heading to the attractions in Orlando or the beaches of Tampa, you’re less than an hour away. Don’t miss out on this opportunity to own a like-new home in the thriving city of Auburndale. Schedule your private showing today and discover the charm of this wonderful community!
Source: STELLAR #l4948378
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #l4948378
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: #l4948378
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.