9093 Lee Vista Blvd Apt 905 # 905, Orlando, FL 32829
2 beds · 2 baths · 1,060 sqft
Exquisitely renovated- two bedroom two bathroom condo in Central Park on Lee Vista. Open layout with split bedroom plan. Kitchen generously renovated with stainless steel appliances with top of the line fixtures and oversized quartz countertops. Washer and dryer oversized in laundry closet. Master bath has an over-sized Roman soaking bath tub. The open floor plan in the living areas combined with the high cathedral ceilings and plenty of windows provide great natural light and make for a very spacious feel to this condo. Unit located next to the pool and recreation area. The Central Park on Lee Vista Condominium community offers amazing onsite amenities - Pool with a spa, fitness center, indoor basketball court and an Outdoor grilling area. Residents also have access to Vista Lakes Community Association tennis courts, playgrounds, soccer fields and outdoor basketball courts. All this Conveniently located in Lee Vista - short walk to Vista Lakes Elementary school and Odyssey Middle School is directly across Lee Vista. Walking distance to Publix and other several other shops. Easy access to the 417 and 528 toll roads make for a short commute to the Orlando International Airport, Downtown Orlando and the new medical and research facilities in Lake Nona. THis amazingly renovated unit will not last and the bonus is it is being sold furnished.
Source: STELLAR #O6287946
Financials
Source: STELLAR #O6287946
Source: Public records
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%. 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.
Other resourcesWhat 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.
