871 Fillmore Ct, Davenport, FL 33837
4 beds · 3 baths · 2,989 sqft
This is an opportunity to own the largest customized Carlisle model in the esteemed community of Northridge Reserve in Davenport. A fantastic investment opportunity…it’s a 3-year-old home that is in better “move-in-ready” shape than a NEW HOME that you could find from a builder’s offering. It’s in pristine condition, having lived in less than 1-week each month since it was purchased in 2021. Outstanding community amenities include a large community pool, dog park, playground, and park, all for an extremely low HOA of only $157 PER YEAR!! The home features an open and inviting great room for entertaining guests, combined with a large open kitchen equipped with gorgeous granite countertops, an oversized island, lots of cabinet storage, plus a walk-in pantry. The flex/bonus room on the first floor near the entrance provides a beautiful office space with a nearby powder room. The customized builder modification provides a fifth bedroom and full bath on the first floor for older friends and family members who can’t do stairs! The owner's suite is a dream with tray ceilings, double vanities, a separate shower and tub, a huge walk-in closet, and enough space for a relaxing sitting area. Each of the other 3 bedrooms on the second floor is big and comfy, ideal to fit all your furniture and family. Upstairs you'll also find the laundry room which offers convenience and privacy from the rest of the home. The home runs energy efficient off of the Solar Panels. The additional porch in the front of the home is great for relaxing or visiting as neighbors walk by. Conveniently located Kissimmee, Haines City, Hwy 27, Disney Theme Parks, shopping, schools, restaurants and so much more are all nearby! Lots of potential “return on your investment”! Hands down, it's a great price for this home size, lot size, and location. This property is sure to please every buyer! What are you waiting for? Call us today to schedule your private viewing and be the 1st to steal this deal!
Source: STELLAR #o6260922
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6260922
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: #o6260922
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.