953 Cambridge Dr, Winter Haven, FL 33881
4 beds · 3 baths · 2,364 sqft sqft
Welcome to Your Spacious Dream Home at Lucerne Park Reserve, Winter Haven, FL Exceptional Corner Lot Home with Expansive Outdoor and Indoor Living Spaces Step inside this stunning residence set on a generously sized corner lot within the sought-after Lucerne Park Reserve Community. This property features an impressively large, fully fenced backyard, providing a private oasis for relaxation and outdoor entertainment. Modern Interior and Thoughtful Design: Experience the warmth and openness of the spacious open-concept design that includes a contemporary kitchen and living room area—perfect for gatherings or tranquil family evenings. The kitchen is equipped with state-of-the-art appliances, ample counter space, and modern cabinetry, ready to inspire any home chef. Versatile Living Spaces: The first floor hosts a flexible space, ideal for a home office, study, or den, adapting effortlessly to your needs. Ascend to the second floor to find four sizable bedrooms and a loft area, offering private and serene retreats for all family members. Air-Conditioned Garage: The air-conditioned garage offers a perfect setup for a fitness room, office, or game room, catering to any new owner’s preferences. Community Amenities: Lucerne Park Reserve offers more than just homes; it provides a community. Enjoy access to excellent amenities, including a well-kept dog park, ensuring a vibrant and inclusive environment for all residents, pets included. Desirable Location: Located in the peaceful environs of Winter Haven, FL, this home combines the tranquility of a quiet neighborhood with the convenience of nearby amenities and services. Don’t miss the chance to own this outstanding home, where every detail is crafted for comfort and style. It is ideal for those seeking a spacious house with a community feel. This property is sure to sell fast!
Source: STELLAR #s5108758
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5108758
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: #s5108758
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.