6430 Yellowstone St Orlando, FL 32807
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About this home
Welcome to this charming 3 bedroom, 1.5 bath Pool home situated in a fantastic location! This well-maintained property offers numerous updates, making it move-in ready. Recent Updates & Features: A/C system replaced in 4/2022, double-pane windows, Security system- Cameras, DVR and monitor, 20 yr Rhino shield exterior paint, roof 10 yrs old. Inside the Home: As you step inside, you'll be welcomed by your family room, perfect for relaxing and gathering with family. The kitchen and dining area create a warm and inviting atmosphere, ideal for entertaining. The laundry room is located in the carport. It's a one car carport, with pavers alongside to create additional parking or RV parking. Plus behind the fence there is boat parking or additional parking as well. The primary bedroom is generously sized, providing a peaceful retreat. The two additional bedrooms include ceiling fans and window treatments. Outdoor Oasis: Enjoy Florida living at its best! Step through the French doors to your private screened in lanai a perfect spot for entertaining and relaxing. Enjoy chilling out in the pool during the day, then sit around the fire pit at night. Along with the shed for extra storage. Prime Location: Conveniently located just minutes from downtown Orlando, you'll have easy access to top shopping, dining, and entertainment. The area also offers fantastic local amenities just miles away. This home truly has it all-modern updates, a fantastic outdoor space! Schedule your showing today and make this home yours!
Source: STELLAR #O6321751
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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.