936 Birmingham Ct Apt 200 # 200, Lake Mary, FL 32746
3 beds · 2 baths · 1,136 sqft sqft
Hidden Village Condo in Lake Mary. 3 Bedrooms / 2 Bathrooms. This can be a perfect condo to live in and enjoy or a great rental. Amazing location, Centrally located in the heart of Lake Mary! Walking distance to Top Golf, Whole Foods and Esporta! There is an open floor plan, vaulted ceilings, a walk in closet, wood burning fireplace, washer/dryer hook up inside, and a private patio. The seller has recently replaced all the carpet in the bedrooms. All of the current window treatments and appliances will stay. The open floor plan and nice size bedrooms make it feel spacious. Lots of space and cabinets in the kitchen. Huge closets and pantry too! There is a formal dining room. Master bedroom is generously sized. The association fees includes water, community pool, raquetball, lawn, exterior maintenance, insurance and outside pest control! Centrally located near I-4, 417, Sun Rail, Sanford Airport, Seminole Towne Center. 20 Minutes to Downtown Orlando. 20 minutes to New Smyrna Beach. Close to Top Golf and Publix and local businesses and restaurants and biking and walking trails. Schedule your showing today.
Source: STELLAR #o6237861
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6237861
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: #o6237861
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.