935 Keaton Pkwy, Ocoee, FL 34761
5 beds · 3 baths · 3,024 sqft sqft
Excellent value on this spacious 5 bed, 3 bath pool home in the desirable Admiral Pointe community with deeded lake access to Starke Lake & Lake Olympia. The home has a great floor plan-main living areas overlook the pool and brick paver patio area. The master suite has direct access to the pool as well as an additional bedroom that could serve as an office or nursery. Two additional bedrooms and a bathroom are just off the kitchen. Kitchen has lots of counter space and Frigidaire professional appliances center island and breakfast bar. The family room has attractive built-ins for your entertainment equipment and decor, and includes Niches, built ins, crown molding and surround sound prewire are just a few details that make this home stand out from the rest. On the second floor, you have the fifth bedroom and a full bath-perfect as a secondary master, guest suite or game room. Pool is solar heated, and has luxury features such as waterfalls and multi-color mood lighting with remote control. Admiral Pointe residents have private (gated) boat ramp/dock with access to Starke Lake AND Lake Olympia, as well as a community playground. In addition to boating, it's a great place to do a little fishing or just take in the beautiful sunsets. Close to dining, shopping, and major roadways! Home shows very nicely, both inside and out. Come see all this beauty has to offer! Owners have numerous recent updates, Roof 2019, A/C inside 2022, aluminum fenced yard with two gates 2022, Vivint Security System 2019, all 3 shower valves 2023, new floors living, dining and master bedroom 2019, stove 2022, microwave 2021, Hot water heater 2019, pool pump 2023.
Source: STELLAR #o6165350
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6165350
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: #o6165350
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