1827 Meadow Pond Way
Orlando, FL 32824
4 beds · 3 baths · 1,951 sqft
$459,900
Get prequalified1827 Meadow Pond Way
Orlando, FL 32824
4 beds · 3 baths · 1,951 sqft
$459,900
Get prequalifiedWelcome to 1827 Meadow Pond Way – Your Dream Home in the Heart of Orlando! Step into comfort and style with this beautifully maintained 4-bedroom, 2 1/2 bathroom single-family home nestled in the highly sought-after Meadow Woods community. Boasting a spacious open floor plan, this home features a bright and airy living area, perfect for both relaxing and entertaining. The modern kitchen offers stainless steel appliances, solid surface countertops, ample cabinetry, and a breakfast counter ideal for casual dining. The large master suite includes a walk-in closet and a private en-suite bathroom with shower, and dual vanities. Enjoy Florida living at its best with a private fenced backyard, ideal for weekend barbecues, gardening, or just unwinding enjoying the beautiful water view from your paved patio. The home also includes a 2-car garage, updated roof and A/C, fresh paint, and energy-efficient windows for added comfort and savings. Located just minutes from Lake Nona, Orlando International Airport, major highways (417 & 528), shopping centers, schools, and dining, this home offers both convenience and tranquility. Don’t miss this incredible opportunity to own a move-in ready home in one of Orlando’s fastest-growing neighborhoods. Schedule your private showing today!
Source: STELLAR #S5128975
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.