15531 Waterleigh Cove Dr Winter Garden, FL 34787
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About this home
One or more photo(s) has been virtually staged. Gigantic price drop. Priced to sell fast! Don't miss out! Take advantage of a 1% of the loan amount lender credit towards buy downs or closing costs when utilizing our preferred lender. Welcome to 15531 Waterleigh Cove Dr., a stunning 4-bedroom, 3-bathroom home located in the highly sought-after Horizon West community. of Waterleigh. This beautifully maintained corner-lot property offers 2,295 square feet of thoughtfully designed living space and comes equipped with fully paid-off solar panels, delivering both energy efficiency and long-term savings. Step inside to discover an open-concept layout perfect for both everyday living and entertaining. The oversized two-car garage offers ample storage, while the spacious bedrooms and modern finishes throughout make this home move-in ready. Situated on a premium corner lot, the backyard offers nightly views of Magic Kingdom’s fireworks, creating a magical atmosphere every evening. And when you're not enjoying the show, you’ll love the unmatched community amenities: 4 resort-style pools; 2 full-service fitness centers; Basketball, volleyball, tennis & pickleball courts; Scenic trails, playgrounds, and more! All of this is located just 5 minutes from the gates of Walt Disney World, making this home ideal as a primary residence, vacation home, or investment property. Don’t miss this opportunity to own a piece of paradise in one of Central Florida’s most vibrant communities!
Source: STELLAR #G5097778
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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.