1451 Powell Ln Kindred, FL 34744
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About this home
Welcome to your dream home in the highly sought-after Kindred community! This beautiful 4-bedroom, 2-bath residence sits proudly on a desirable corner lot, offering exceptional curb appeal and an abundance of yard space. Perfect for families, the property features mature fruit trees, a spacious covered patio for year-round outdoor enjoyment, and a 2-car garage with ample storage. Step inside to an open-concept layout seamlessly connecting the kitchen, dining area, and family room—ideal for both daily living and entertaining. The kitchen boasts a spacious pantry, abundant cabinetry, and a functional flow for the home chef. Retreat to the generously sized bedrooms with large walk-in closets, while additional storage closets throughout the home keep everything organized. Located just minutes from top-rated schools, dining, shopping, and major roadways, this home combines comfort, convenience, and community living. Enjoy all the amenities Kindred offers, from scenic walking trails to community pools and playgrounds. Don’t miss the chance to own this exceptional home in one of Kissimmee’s most desirable neighborhoods—schedule your private showing today!
Source: STELLAR #TB8416532
Loan details
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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.