901 Cornell Ave, Clermont, FL 34711
3 beds · 2 baths · 1,914 sqft
Charming Corner Lot Home in Highly Desirable Gated Community - Nestled on a charming corner lot in the highly sought-after College Park subdivision of Clermont, FL, this inviting single-family home is the perfect blend of comfort and convenience. With 3 spacious bedrooms, 2 bathrooms, and 1,914 square feet of living space, it offers plenty of room for families to grow or for anyone looking for a peaceful retreat. As you step inside, you’ll be greeted by a bright and open formal dining room, perfect for family gatherings, and a versatile flex room offering endless possibilities – whether you need a home office, den, or playroom, this space has you covered. Step further into the home to the living room, featuring a beautiful wood-burning fireplace that creates a warm and inviting atmosphere for relaxing with loved ones. The kitchen is a true standout, complete with stunning granite countertops, refreshed cabinets, and ample space for cooking and entertaining. Just off the kitchen lies a cozy breakfast nook where you can enjoy your morning coffee. Step outside and enjoy the serene, screened-in covered patio complete with a hot tub that’s perfect for relaxing or hosting friends and family. The expansive, fenced-in backyard is a private oasis, offering a safe place for young ones or pets to play and providing endless opportunities for outdoor activities. With a newer roof (2020), AC (2020), and water heater (2019), you can move in with confidence knowing that these essential systems are up-to-date and in excellent condition. Set on a generous-sized, raised lot just over ¼ acre, this home is ideally located near shopping, dining, the hospital, and quick access to the Turnpike. The gated community ensures privacy and peace, making it an ideal place to call home. Whether you're starting a new chapter in life or looking to downsize in a quiet, friendly neighborhood, this home offers everything you need and more. Come see for yourself – your perfect home awaits!
Source: STELLAR #O6297752
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #O6297752
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.