1330 Spring Ct Bartow, FL 33830
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About this home
There’s still time to get settled before the holidays and enjoy the magic of “Christmas Tree Lane” from your very own home! This spacious 4-bedroom/2-bathroom residence offers a perfect blend of comfort and character, featuring a roof replaced in 2019, a large kitchen with plenty of cabinet space, and a kitchen-to-dining room open layout that’s ideal for family gatherings. French doors lead you into a huge family room at the rear of the home, complete with its own AC unit, warm wood ceiling and beams, and wall-to-wall windows that flood the space with natural light and offer views of the backyard. Out front, a beautiful shade tree provides the perfect spot for kids to swing and play, while the fenced backyard offers privacy and room for pets or outdoor fun. A two-car garage adds convenience and storage space. Located just minutes from elementary, middle, and high schools, this home is perfect for families looking to settle into one of Bartow’s most beloved neighborhoods. Don’t wait, this one won’t last long!
Source: STELLAR #L4956985
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Close stress-free in 45 days, handled start to finish by Roam.
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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.