414 Briercliff Dr Orlando, FL 32806
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About this home
Charming Bungalow in Sought-After Delaney Park Nestled in the heart of desirable Delaney Park, this picture-perfect bungalow offers 3 bedrooms, 2 full bathrooms The 3rd bedroom would be ideal as an office, den or sunroom. It does have a small closet. The inviting living room features a cozy wood-burning fireplace and a stunning wood-paneled ceiling, creating a warm and welcoming atmosphere. The kitchen was updated in 2021 with new cabinetry, granite countertops, a gas range, and a dishwasher. Just beyond, you’ll find a spacious laundry area and an additional full bath. Enjoy your morning coffee or evening wine on the charming front porch, or unwind in the private backyard, which offers plenty of room for expansion and includes a new storage shed. Recent upgrades include a brand-new roof (2025), HVAC (2019), water heater (2019). Throughout the home features hardwood floors, crown molding, tall baseboards, and high ceilings—all enhancing this home’s classic appeal. You’ll love being just steps from everything Delaney Park has to offer—beautiful parks, Lake Davis, and popular local spots like Delaney Tavern and 903 Mills Market. Conveniently located near Orlando Health, Winnie and Arnold Palmer Hospitals, the Dr. Phillips Center for the Performing Arts, and vibrant Downtown Orlando. Excellent schools complete the package!
Source: STELLAR #O6350813
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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.