428 Sapphire Dr Davenport, FL 33837
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About this home
Model Perfect Pembroke Home with Dual Primary Suites! Welcome to the stunning Pembroke Model—where spacious design meets modern elegance. This unique floor plan features two luxurious primary suites, one on each level, offering ultimate flexibility for multi-generational living or guest accommodations. Enjoy the Gourmet Open-concept kitchen with a large center island, perfect for entertaining with 42-inch wood cabinetry, gleaming granite countertops, and stainless-steel appliances. The Kitchen flows seamlessly into the family room and café area, accented with decorative stone. The Sliding glass doors lead to a covered lanai and extended paver patio with a Fenced backyard for privacy and safe play for children and pets. The first-floor den/office is ideal for remote work or quiet study. Upstairs the loft is perfect as a game room or media retreat. This split bedroom layout with two bedrooms and a full bath on one side, and a private suite on the other offer privacy and comfort. The Epoxy-coated garage floor with ample built-in storage is impeccable. Enjoy being Conveniently located near top-rated schools, medical facilities, shopping centers, restaurants, and world-famous theme parks. Ready to experience this exceptional home in person? Schedule your private tour today!
Source: STELLAR #G5103856
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Close stress-free in 45 days, handled start to finish by Roam.
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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.