885 Woodvale St, Clermont, FL 34711
5 beds · 3 baths · 2,690 sqft
Dreams Do Come True in Clermont Skyridge Valley! Location Location Location is this 5-bedroom, 2.5-bathroom home offers nearly 2,700 square feet of thoughtfully designed living space. Tucked away on a quiet cul-de-sac with an extended driveway, this property is perfect for families seeking comfort, style, and a sense of community and a small pool for cooling off and a kids paradise. The home is equipped with two HVAC systems, ensuring optimal comfort year-round, including a brand-new unit installed in 2024. The roof, just 2.5 years old, adds to the home’s value and reliability. Its prime location offers unmatched convenience, with Downtown Clermont’s vibrant shops, restaurants, entertainment, and nature parks just minutes away. Major hospitals, fitness facilities, and the Turnpike are easily accessible, and Disney World and Downtown Orlando are only a 30-minute drive. Inside, the layout is bright and welcoming. The downstairs features a great room bathed in natural light, while the open Kitchen/Living Room combination creates the perfect space for entertaining. Large sliding doors lead to a 25-foot covered lanai and a wading style pool, offering the ideal spot to relax or host gatherings. Upstairs, living quarters include generously sized bedrooms with ample closets, separated by a spacious upstairs Living space or game area and an additional bathroom. The master suite is a true retreat, boasting two oversized closets—one in the bedroom and another in the master bathroom. This home sits on a sprawling 11,000+ square foot lot. The outdoor space offers endless possibilities, and with a little fencing, it could easily transform into a secure play area or an entertainer’s paradise. Located in one of the best school districts in the Minneola/Clermont area, and with proximity to the new Costco, shopping, and dining options, this home is perfectly positioned for both comfort and growth. Don’t miss this incredible opportunity—schedule your private showing today!
Source: STELLAR #o6262184
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6262184
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: #o6262184
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.