910 Vaquero Ln, Kissimmee, FL 34741
4 beds · 2 baths · 1,720 sqft
Under contract-accepting backup offers. **BRAND NEW ROOF, HVAC, water heater, JUST INSTALLED interior/exterior paint**Take advantage of a seller paid promotion. The seller will credit the buyer $10,197 towards their closing costs and prepaid items at closing, which could include a rate buy down, on any full price offer accepted by 11/30/24.**This spacious four-bedroom, two-bath home, nestled in the gated community of Estancia in Kissimmee, Florida, offers 1,720 square feet of comfortable living. With a two-car garage and solid block construction, the home is both practical and durable. The lot provides a serene pond water view, enhancing the peaceful ambiance of the property. Inside, you'll find volume ceilings and an open floor plan, perfect for modern living. The kitchen is well-appointed with a closet pantry and a cozy breakfast nook. The main bathroom features a large closet, dual sink vanity, and a relaxing garden tub. Additional conveniences include an inside laundry utility room. This home is ideally located close to schools, shopping, and dining, and offers quick access to major roadways, making it a breeze to reach Walt Disney World, Downtown Disney, and Downtown Orlando. <div style="padding:56.25% 0 0 0;position:relative;"><iframe src="https://my.matterport.com/show/?m=RvA3j8hDjdS&mls=1" frameborder="0" allow="autoplay; fullscreen" allowfullscreen style="position:absolute;top:0;left:0;width:100%;height:100%;"></iframe></div>
Source: STELLAR #o6229830
Source: STELLAR #o6229830
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: #o6229830
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.