8014 Laurel Tree Dr Orlando, FL 32819
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About this home
Save Big: 1% lender credit (based on loan amount) toward closing costs or rate buy-down with seller’s preferred lender. Ask for details! Welcome to this beautifully maintained ranch-style pool home in the highly desirable Dr. Phillips area. Set on a large corner lot with no HOA, this property combines comfort, privacy, and convenience—all within minutes of Restaurant Row, premier shopping, and Orlando’s top entertainment. Inside, you’ll find updated finishes throughout the years, including luxury vinyl plank and ceramic tile flooring. The spacious living area features a floor-to-ceiling brick wood-burning fireplace, creating a warm and inviting centerpiece. The easy-flow layout provides both functional everyday living and the perfect setup for entertaining. Step outside to a screened patio overlooking the sparkling pool and a fully fenced backyard with plenty of room to relax or play. A utility shed offers extra storage, and the expansive yard gives you the flexibility to garden, host gatherings, or simply unwind in your private retreat. Located near major highways, this home offers quick access to all that Central Florida has to offer—theme parks, top-rated dining, and world-class shopping—while still maintaining a quiet, tucked-away neighborhood feel. Don’t miss this rare Dr. Phillips gem—homes like this don’t last long!
Source: STELLAR #O6347280
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Close stress-free in 45 days, handled start to finish by Roam.
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If you find a better price on any home, we’ll match it.
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.