908 Hilly Bend Dr, Apopka, FL 32712
4 beds · 3 baths · 2,196 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Stunning 4-Bedroom Apopka Retreat with Modern Upgrades! Discover a single-family home in a serene Apopka neighborhood, perfect for families or professionals. This 2,196 sq ft residence features 4 spacious bedrooms and 3 modern bathrooms, with 2 bedrooms boasting private bathrooms. Enjoy an open-concept layout with elegant crown molding, tile in wet areas, and laminated wood flooring in the remainder of the house. The gourmet kitchen includes stainless steel appliances, while the expansive 21x15 master bedroom offers a luxurious en-suite with a jetted garden tub, a separate shower, and water closet. Relax by the cozy fireplace or on the 30x10 screened patio, surrounded by mature oak trees on a desirable corner lot. A two-car garage adds convenience, and the home is just 5 minutes from major grocery stores and restaurants, with easy access to Wekiwa Springs State Park, top-rated schools, and Orlando’s vibrant attractions
Source: STELLAR #O6292657
Source: STELLAR #O6292657
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.