9399 Halsey Dr, Groveland, FL 34736
4 beds · 3 baths · 2,555 sqft sqft
New Price!.. Why wait to build a new home when you can own a beautifully maintained 2022 home that still feels brand new? This stunning two-story corner lot home, located in the desirable community of Cypress Oak in Groveland, is just minutes from Clermont and Minneola. With a spacious open floor plan, this home features four bedrooms, all situated on the second floor, along with a large bonus room/loft perfect for a TV room, playroom, or a private retreat. The modern kitchen showcases 42-inch cabinets with crown molding and stainless steel appliances. The first floor is dedicated to the common areas, including the kitchen, dining room, formal dining area, living room, and a convenient half bathroom for guests. The Cypress Oak community offers fantastic amenities such as a community pool, playground, dog park, all for a low quarterly fee. For active families, the Legacy Loop Trail provides safe and comfortable access to the downtown core from the South Lake Trail. Cypress Oak's prime location near the Lake County chain of lakes is ideal for boating and fishing enthusiasts. Situated on the border of Clermont and Groveland, with easy access to Minneola, this community is perfect for commuters due to its proximity to the FL Turnpike, Highway 27, and Highway 50. With close access to hospitals, schools, shopping centers, grocery stores, restaurants, and major highways, this home is perfect for those with a daily commute. Does this sound like your ideal home? Schedule your showing today!
Source: STELLAR #o6231545
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6231545
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: #o6231545
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.