432 Oak Rdg W Lakeland, FL 33801
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About this home
Own your own land with city sewer and city water! Experience the perfect blend of modern living and natural beauty with this BRAND-NEW manufactured home, situated on a lot that you own! Offering 3 bedrooms, 2 bathrooms, and over 1,400 square feet of thoughtfully designed living space. From the moment you arrive, you'll be charmed by the recessed dormer over the front door with vertical vinyl accent, and vinyl door and window trim. Step inside and immediately appreciate the high-quality finishes and attention to detail, from the 4-panel board and batten accent wall or the luxury linoleum flooring throughout, to the open- concept layout that effortlessly connects the living, dining, and kitchen areas-ideal for entertaining. The chef-inspired kitchen is a true highlight, featuring brand-new stainless steel appliances, a sleek chimney range hood, stainless steel sink with a gooseneck faucet, 42" shaker-style cabinets, and canopy-style pendant lighting hanging over the center with a breakfast bar. The primary bedroom offers a serene retreat, complete with a large walk-in closet and a luxurious en-suite bathroom featuring a free-standing soaking garden tub, separate 60" shower, and dual vanities with cubby holes and a bank of drawers-perfect for keeping all your essentials organized. Two additional bedrooms provide comfortable space for family or guests, while the second full bathroom includes a single vanity and a tub/shower combo, perfect for letting guests soak the day away! Additional upgrades include a dedicated laundry room for added convince, LED recessed lighting, Energy Star Certified w/ R-13 Wall; R-22 Floor, R-38 Roof, cobra ridge venting system with algae-resistant shingles, and craftsman-style trim. Located in the Astor Forest of Astor, FL you'll have easy access to a variety of local amenities, including shopping centers and restaurants. This home is at a prime location with no HOA and no lot rent! Don't miss out on this incredible opportunity to make this brand-new home yours! Schedule your viewing today and experience the best of Florida living!
Source: STELLAR #P4936466
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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.