1414 Warwick Pl Orlando, FL 32806
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About this home
Discover this inviting single-family home in the highly desirable Conway Terrace community of Orlando. Thoughtfully designed, this residence offers a welcoming atmosphere with spacious living areas filled with natural light, creating the perfect balance of comfort and functionality. The kitchen is ideal for everyday living and entertaining, while the flexible floor plan provides options for gatherings, a home office, or quiet relaxation. The generous backyard is a true highlight, offering endless possibilities for outdoor enjoyment—whether you envision a play area, private garden, or future pool addition, the space is yours to customize. Mature landscaping and a peaceful neighborhood setting add to the property’s appeal. Located just minutes from Downtown Orlando, Lake Conway, Orlando International Airport, and major highways, this home delivers convenience at every turn. Residents enjoy proximity to shopping, dining, and recreational opportunities, making Conway Terrace a sought-after location. The neighborhood also benefits from surrounding new construction homes with elevated price points, further strengthening property values. Adding even more value, this property comes with no HOA fees, no rental restrictions, and the freedom to personalize your home without limitations. A smart choice for both homeowners and investors, this home represents a rare opportunity in one of Orlando’s most established neighborhoods. Don’t miss the chance to own in Conway Terrace—schedule your private showing today and experience all the possibilities this property has for you!
Source: STELLAR #S5134676
Loan details
Neighborhood
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Close stress-free in 45 days, handled start to finish by Roam.
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If you find a better price on any home, we’ll match it.
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.