564 Meadow Bend Dr Davenport, FL 33837
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About this home
MOTIVATED SELLER!!! SELLER OFFERING $5000 CONCESSION TO PAINT THE INTERIOR OF THE HOME OR TO PAY FOR BUYER'S CLOSING COST IF CLOSED BY OCTOBER 31, 2025. This stunning 2-story single-family home offers 5 spacious bedrooms, 3 full bathrooms, and a den perfect for families of all sizes. Step inside to a bright and airy open floor plan, ideal for both daily living and entertaining. As you enter the home, you’ll discover French doors that open to a room that is perfect to use for a den, office, or craft room. The heart of the home is the oversized kitchen, featuring gorgeous granite countertops, a pantry, modern appliances, and a generous eat-in kitchen area. The kitchen opens to a warm and inviting family room, creating the perfect hub for family gatherings. One bedroom and a full bathroom are conveniently located on the first floor, perfect for guests or multi-generational living. Upstairs, you'll find a spacious landing area, four additional bedrooms, and two full bathrooms, including the luxurious primary suite. The primary ensuite boasts double vanities, a large walk-in shower, towel closet, and an expansive walk-in closet. The home also features solar panels that the seller has paid for you to enjoy low electric bills. Located in the family-friendly Greenfield Village community, you'll enjoy the community pool and playground. Easy access to local parks, schools, and shopping. Don’t miss the opportunity to make this exceptional home yours! Schedule a tour today! All this and priced to sell so don't miss your opportunity.
Source: STELLAR #O6323402
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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.