16602 Citrus Pkwy
Clermont, FL 34714
2 beds · 2 baths · 1,200 sqft
$379,000
Get prequalified16602 Citrus Pkwy
Clermont, FL 34714
2 beds · 2 baths · 1,200 sqft
$379,000
Get prequalifiedBe enchanted by this incredible home in the Citrus Highlands condominium! With 3 comfortable bedrooms and 2 full bathrooms, this home is perfect for those looking for space, practicality and an excellent location. Right at the entrance, you are greeted by a charming covered porch and a well-kept garden, which create a warm and inviting atmosphere. Upon entering, the integrated spaces impress: living room, dining room and a gourmet kitchen that connect in an open and functional plan, with high ceilings and easy-care vinyl flooring. The kitchen is a real highlight, equipped with stainless steel appliances, quartz stone countertops and wooden cabinets — perfect for those who love to cook and entertain. The sliding glass doors bring natural light and open to a spacious back porch, ideal for leisure moments or to enjoy the end of the afternoon in peace. The laundry room is practical and comes with a washer, dryer and organizing shelves. The condominium also offers excellent infrastructure: swimming pool, clubhouse, sidewalks for walking and plenty of security. And the location is simply unbeatable: close to supermarkets, shops, restaurants and just a few minutes from Walt Disney World. If you are looking for comfort, style and practicality in one place, this is your chance. Schedule your visit and come fall in love!
Source: STELLAR #O6321232
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.