6011 Apollos Corner Way # Wa Orlando, FL 32829
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About this home
Welcome to your new home in the Sough-After gated community of Tivoli Gardens. This townhouse is perfect for downsizing, for a First-Time Buyer, or for an Investor who wants to add a great property to his/her portfolio with excellent tenants in place. The open-concept layout includes a spacious great room, a combo of dining and living room. Enjoy cooking in your kitchen, while you are all sharing great moments with your visitors, and family members. You all can be spending time together making unforgettable moments, watching favorite shows, movies or games, follow to the sliding door to the covered lanai for a beautiful and relaxed view of the reserved wood area. A. convenient power bath and an oversized one-garage offering extra storage to complete the first floor. The Primary room boast and en-suite bathroom with a walk-in closet located in the second floor along with the second room, second full bathroom and the laundry room for a total privacy and comfort.The Low HOA fee includes the exterior maintanance, lawn care and roof. Resort style community amenities with a pool, playground, steps away from your door. This central location is only 13 minutes from Orlando Int'l Airport, Lake Nona Medical Center, Waterford Lakes Shopping Center. Downtown Orlando is only 30 minutes with quick access to major expressways such as 417 and 528. Don't miss this great opportunity, schedule your showing today!
Source: STELLAR #O6351406
Loan details
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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.