9518 Lynwood St, Clermont, FL 34711
5 beds · 4 baths · 2,592 sqft
Welcome to your dream home in the charming community of Vista Grande, where rolling hills and serene water views create a picturesque backdrop for everyday living. This magnificent 2,592-square-foot residence offers five bedrooms and three and a half bathrooms, thoughtfully designed to accommodate both comfort and style. Step inside to discover an open floor plan that seamlessly connects living spaces, featuring an artful blend of modern farmhouse and Florida living. The chef's kitchen stands as a culinary masterpiece with its impressive island, elegant mosaic tile backsplash, and granite countertops. Stainless steel appliances and 42-inch cabinets complete this gourmet space, while a charming shiplap accent wall adds character to the adjacent dining area. Convenience meets comfort with a first-floor bedroom and full bathroom, perfect for guests or multi-generational living. Upstairs, you'll find a versatile loft space and a cozy office nook ideal for remote work or studying. The primary bedroom suite is a peaceful retreat, boasting a generous walk-in closet and a spa-like ensuite bathroom featuring dual sinks, granite counters, a private water closet, luxurious soaking tub, and separate shower. All of the bedrooms are very generously sized, and the upstairs laundry room is perfectly placed for convenience. Outdoor living is a pleasure with an oversized, gently sloping yard, enhanced by a spacious brick paver patio bordered by Italian cypress, and surrounded by partial privacy fencing. Additional amenities include a new roof installed in 2020, energy saving double-pane windows, attached two-car garage, new carpeting on the staircase and bedrooms, and tile floors throughout the rest of the home. If you love the outdoors, the neighborhood offers easy access to local amenities, including nature preserves and boat ramps. This thoughtfully designed home perfectly balances modern comfort with practical living in one of Clermont's most desirable communities.
Source: STELLAR #O6282994
Financials
Source: Public records
Source: STELLAR #O6282994
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.