905 Desmoines Way, Kissimmee, FL 34759
3 beds · 2 baths · 1,573 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Better than New and Upgraded! Here is a move-in-ready, recently updated home in Poinciana with a low HOA that includes internet and cable. Beautifully accentuated open floor plan with the kitchen, dining, and family rooms in one large living area. The kitchen features granite countertops with plenty of counter surfaces that sit up to 4 at the cooking island. All new stainless-steel appliances. The kitchen overlooks the large family room and through the back sliding glass doors into the oversized screened porch. Your owner's suite is situated on the right side of the home with its private bathroom, his and hers dual sink, and a brand-new step-in shower sliding glass door with bronze hardware, with access to the sizable walk-in closet. Bedrooms 2 & 3 are located on the opposite side of the home & share the 2nd bath. The formal living room by the front door could be converted into a 4th bedroom if needed. The inside laundry room in the hall to the garage is also screened in case you want to use it as a fitness, workshop, or game room. Need to entertain family and/or friends? That's right, there's a HUGE covered/screened lanai for that patio furniture & BBQ grill (45 feet by 14 feet) that stretches the full length of the home with an insulated aluminum roof, and 3 ceiling fans—new gutters around the screen porch and the whole house. This long lot can fit a swimming pool easily and more. With only 2 years of construction, mostly everything is still under builders’ warranty. Over 25k in upgrades. Close to shopping, restaurants, medical, & only 30 to 40 minutes to Disney World. Make sure you schedule your private showing today or call for more details!
Source: STELLAR #S5117945
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 #S5117945
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 and Equal Opportunity Act.