1130 W Lake Brantley Rd Altamonte Springs, FL 32714
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About this home
*** REDUCED PRICE *** MOTIVATED SELLER *** REDUCED PRICE *** MOTIVATED SELLER *** REDUCED PRICE *** Welcome to 1130 W. Lake Brantley—a fully renovated property offering stylish living with built-in income and room to grow. Perfect for a family seeking comfort and flexibility, this home features a beautifully updated 4-bedroom, 2-bath main residence plus a separate 2-bedroom, 1-bath suite already leased through October 2026 at $1,650/month. The main home showcases luxury vinyl plank flooring, recessed lighting, and an open-concept layout centered around a custom brick fireplace. The chef’s kitchen is complete with granite countertops, soft-close cabinetry, a Samsung smart refrigerator, and a large island—ideal for entertaining. The primary suite offers a spa-inspired bath and custom walk-in closet, while the screened patio opens to an expansive backyard shaded by mature trees on over half an acre. The attached 2/1 suite has its own private entrance, separate electric meter, updated kitchen and bath, and in-unit laundry—providing secure, long-term rental income without sacrificing privacy. With no HOA and top-rated schools nearby, this property is a rare blend of upgraded style, everyday function, and financial flexibility in one of Seminole County’s most desirable areas. Don’t miss this opportunity—schedule your showing today!
Source: STELLAR #O6318046
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FAQs
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.
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.
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.
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.
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 “Save search” 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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.