10109 Peebles St
Orlando, FL 32827
3 beds · 2 baths · 1,976 sqft
$659,103
Get prequalified10109 Peebles St
Orlando, FL 32827
3 beds · 2 baths · 1,976 sqft
$659,103
Get prequalifiedOne or more photo(s) has been virtually staged. Under Construction. Step into the epitome of luxury living with the Cumberland model by Dreamfinders Homes. Nestled in a serene community of Laureate Park, this single-story masterpiece exudes sophistication and charm at every turn. As you enter, you'll be greeted by an abundance of natural light cascading through the expansive windows, illuminating the open-concept living space. The seamless flow from the elegant foyer to the spacious living area creates an inviting atmosphere perfect for both relaxation and entertainment. Prepare to be awe-inspired by the chef's kitchen, where form meets function with sleek, top-of-the-line appliances, designer cabinetry, and exquisite quartz countertops. Whether you're hosting a gourmet dinner party or enjoying a casual meal with family, this culinary haven is sure to impress. Retreat to the luxurious master suite, a sanctuary of comfort and tranquility boasting a spa-like ensuite bathroom and a spacious walk-in closet. Two additional well-appointed Bedrooms offer ample space for guests or a growing family, each thoughtfully designed with comfort and style in mind. But the Cumberland model doesn't stop there. Outside, enjoy the serenity of your private outdoor oasis, where lush landscaping and a covered patio provide the perfect backdrop for al fresco dining or simply unwinding after a long day. With unparalleled craftsmanship, attention to detail, and an array of luxurious features, the Cumberland model by Dreamfinders Homes is more than just a home – it's a statement of refined living. Don't miss your chance to experience the pinnacle of modern luxury. Schedule your private tour today and make your dream home a reality.
Source: STELLAR #G5097966
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.
