911 Avenal Ln, Davenport, FL 33837
5 beds · 3 baths · 2,795 sqft sqft
Step into your dream lifestyle with this stunning, virtually new, 5-bedroom, 2.5-bathroom single-family home in the highly sought-after gated community of Davenport Estates. From the moment you enter, you’ll be impressed with the open layout and sheer space. The entrance welcomes you with a versatile bonus room, perfect for a formal living area, home office, or creative space. Beyond, a spacious formal dining room connects seamlessly to a fully equipped kitchen that overlooks the family room and a serene covered lanai, creating an ideal setting for both entertaining and everyday living. Upstairs, the luxurious primary suite offers a private retreat with picturesque views of your fully fenced backyard. The ensuite bathroom features a spacious walk-in closet, double vanity, and water closet, making it as functional as it is beautiful. The second floor also includes a secondary family room, ideal for a cozy lounge, media space, or play area, as well as four additional bedrooms that share a well-appointed bathroom. The charm extends beyond the home, with the community’s picnic area and playground just a short stroll away, offering fun and convenience for everyone. Whether you’re searching for your forever home or a vacation sanctuary, this property provides the perfect blend of comfort, style, and flexibility. Just 25 mintutes to Disney, an hour to the West coast beaches and 30 miles to the airport this location is ideal for all of your needs. Don’t miss this rare opportunity to experience the lifestyle you’ve always dreamed of. Schedule your private showing today!
Source: STELLAR #o6254419
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6254419
Source: Public records
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: #o6254419
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.