1505 Chevington Ct Orlando, FL 32824
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About this home
STUNNING TWO-STORY HOME with BREATHTAKING POOL AREA and EXPANSIVE LOT in Central Orlando. CARPET-FREE HOME!!! Discover this impressive 4-bedroom, 2.5-bathroom residence nestled in a peaceful cul-de-sac in one of Orlando’s most central neighborhoods. Its prime location places you just minutes away from shopping centers and the Orlando International Airport. ? Key Features: • Extensive Paver Design: From the garage and main entrance, elegant pavers extend seamlessly around the entire property, including the pool area, offering a cohesive finish. • Luxury Pool: Enjoy a charming private pool, perfect for relaxation or entertaining guests, set within a meticulously designed environment. • Expansive Green Spaces: The large lot provides abundant green areas, ideal for outdoor activities, gardening, or simply enjoying nature in your own backyard. • Elegant Interior Spaces: The home features an impressive double-height staircase leading to a living room with a fireplace, creating a warm and elegant ambiance. Additionally, it includes a formal dining room, a modern kitchen with a breakfast bar and granite countertops, and a spacious family room perfect for gatherings and leisure. • Master and Additional Bedrooms: The master bedroom upstairs boasts an en-suite bathroom with dual sinks and modern details. Three additional generously sized bedrooms and a full bathroom are also located on the upper level. • Additional Amenities: Convenient laundry room on the main floor and a half bathroom ideal for guests and pool use. The property features no carpeting throughout, ensuring easy cleaning and maintenance. This property combines comfort, style, and an unbeatable location. It’s the perfect home for those seeking quality living in Orlando.
Source: STELLAR #S5125961
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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.