VA loan
1 of 38
VA loan
$400,000

9956 EAGLE CREEK CENTER BLVD, Orlando, FL 32832

2 beds · 3 baths · 1,723 sqft

Indulge in the allure of Eagle Creek, where there is NO CDD! Luxury meets convenience in the heart of the esteemed Lake Nona area! This exquisite townhome offers a captivating blend of modern comfort, resort-style living and crown molding throughout. Boasting 2 bedrooms, 2.5 bathrooms, and a wealth of upscale amenities. The two car garage has alley access with coated flooring. As you walk to the front door you will notice the beautiful stone paver walkway, brick pillars and clay tile roof. Step inside to discover an inviting open floor plan bathed in natural light, highlighted by elegant touches throughout. The chef-inspired kitchen is a culinary paradise, featuring 42-inch wood cabinets, gleaming stainless steel appliances, recessed lighting, ebony granite countertops, and a convenient closet pantry - perfect for creating culinary masterpieces and entertaining guests in style with large breakfast bar. Upstairs, the loft leads you to the indulgent master suite. Offering a serene retreat with its spacious layout and luxurious ensuite bath. Bedroom 2 provides ample space for family, guests, or a home office, ensuring everyone has their own private sanctuary. The Eagle Creek community beckons with a wealth of amenities, including resort-style pools, playgrounds, tennis courts, basketball courts, a dog park, and a clubhouse complete with a fitness center. Golf enthusiasts will delight in the proximity to the Eagle Creek Golf Clubhouse, boasting an 18-hole golf course and a charming restaurant with panoramic views. Conveniently located just minutes from Orlando International Airport, the Brightline train station, Medical City, top-rated schools, and an array of dining, shopping, and entertainment options, this exceptional property offers the epitome of Florida living at your fingertips. Plus, with easy access to major highways like SR 528 and SR 417, you're just a short drive away from the pristine beaches of Cocoa and the magic of Walt Disney World and Downtown Disney. Don't miss your chance to experience the unparalleled lifestyle of Eagle Creek - where every day feels like a vacation and the possibilities are endless. Welcome home!

Interest rate 3
3.78%
With Roam
6.5%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,166
With Roam
$1,502
Reduce your monthly payments by $336 when you assume this mortgage.
You also save $93,210 in total interest paid.

$184,720
Edit

You may be able to put down less than the total down payment amount of $184,720 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.

Location

Details

Home
Size
1,723 sqft
Price per sq ft
$255
Lot size
0.04 acres
Year built
2017
Type
Townhouse
HOA dues
$321.67
Loan
Remaining term
23 years, 1 month
Rate
3.78%
Monthly P&I
$1,166
Remaining loan balance
$215,279

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

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.

Will an assumption work for me?

An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.

Why do buyers use Roam?

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.

View all FAQs
Last updated: Sep 18, 2024 08:20 am
Listing agent: Jeanine Corcoran (407) 922-3308
Listing provided courtesy of: CORCORAN CONNECT LLC (407) 953-9118
Details provided by STELLAR and may not match the public record.
MLS ID: #s5099943
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2024 MLS GRID. All Rights Reserved.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 45 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,166/mo
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