1624 Hummingbird Ln Lakeland, FL 33801
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About this home
Welcome to your new home! This delightful 3-bedroom, 1-bathroom residence is conveniently situated just minutes away from downtown Lakeland, offering easy access to shopping, dining, and the Parkway for swift commutes to both Tampa and Orlando. With no HOA restrictions, you’ll have the freedom to make this space truly your own. Step inside to discover an inviting open floor plan that seamlessly connects the living, dining, and kitchen areas—a perfect setup for modern living and entertaining. The home features tile flooring throughout, providing both elegance and easy maintenance. The updated kitchen boasts stainless-steel appliances, ample cabinetry, and a fantastic view of the dining and living spaces, making it an ideal gathering spot. The three bedrooms are generously sized and conveniently located off the hallway, ensuring privacy while being close to the main bathroom. The recently remodeled bathroom features a luxurious walk-in tiled shower, enhancing your daily routine with a touch of modern comfort. An additional bonus room presents endless possibilities, whether you're looking to create a cozy entertainment area, an extra living room, or a playroom for the kids. Step outside to your screened-in patio, where you can unwind and enjoy the outdoors year-round. The built-in bar is perfect for hosting friends and family, while the outdoor kitchen makes alfresco dining a breeze. The backyard is a true oasis, adorned with several fruit trees and lush, mature landscaping that provides privacy and enhances the home’s charm. For your storage needs, a separate shed offers additional space for tools, outdoor equipment, or hobbies, ensuring that everything has its place. This home is ideal for first-time homebuyers seeking a welcoming community or investors looking for a promising property. With its prime location, updated features, and outdoor entertainment options, this gem is a must-see! Don’t miss this opportunity—schedule your showing today!
Source: STELLAR #L4955924
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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.