1425 Carey Glen Cir Orlando, FL 32824
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About this home
Welcome to this beautifully updated and versatile home in the highly sought-after Southchase community of Orlando! This spacious 4-bedroom, 2.5-bath residence offers a bright, open layout filled with natural light. The living room, dining area, and kitchen flow seamlessly together—creating an inviting space perfect for everyday living, family gatherings, and entertaining. Enjoy the beautifully renovated bathrooms and new flooring throughout, along with kitchen upgrades that include stylish cabinet backsplash and a decorative panel accent wall in the dining area. The garage has been enclosed and remodeled with sleek tile flooring, offering extra living or workspace flexibility. Outside, you’ll find even more to love—new pavers installed on the driveway and half of the backyard, plus an extended concrete patio that’s perfect for outdoor dining and relaxing under the Florida sunshine. Situated at the intersection of two streets, this home has no front or rear-facing neighbors, offering an open view, enhanced privacy, and abundant natural light. Ideal for families, remote professionals, or investors seeking great income potential. Located in a quiet, well-established neighborhood just minutes from Orlando International Airport, The Loop Shopping Center, Medical City/Lake Nona, Major highways (417 & 528),Dining, parks, and top-rated schools. Don’t miss your chance to call this Southchase gem home!
Source: STELLAR #S5137428
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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.