214 Majors Ln Apt C Unit C Kissimmee, FL 34743
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About this home
WATER VIEW! **This property qualifies for a closing cost credit up to $3,700 through the Seller’s preferred lender.** Welcome to a charming and spacious 2-bedroom, 2.5-bathroom townhome in the heart of Kissimmee, offering comfort, functionality, and stunning lake views. As you enter the home, you'll find a convenient half bathroom to your left that includes the laundry area and stairs leading to the second floor. The main level features an open-concept living and dining area, highlighted by a cozy electric fireplace and sliding glass doors that provide a sneak peek into the screened-in patio and serene water view beyond. The kitchen is equipped with warm wood cabinetry, stainless steel appliances, and a handy serving window that opens to the living room — perfect for entertaining or casual meals. Upstairs, both bedrooms are carpeted and feature their own en-suite bathrooms. The second bedroom offers a full bath with a bathtub, while the spacious primary suite boasts a walk-in closet, en-suite bath with a tub, and its own private deck overlooking the tranquil lake — the perfect place to unwind. Step outside into the screened-in patio to enjoy peaceful mornings or relaxing evenings with an uninterrupted lakefront view. Located in a desirable neighborhood with easy access to shopping, dining, schools, and major highways, this home is perfect for homeowners or investors seeking a low-maintenance property with unique charm. Don’t miss this opportunity to make lakeside living a reality!
Source: STELLAR #O6312674
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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.