4274 Meeting Pl
Sanford, FL 32773
3 beds · 2 baths · 1,574 sqft
$375,000
Get prequalifiedAbout this home
One or more photo(s) has been virtually staged. Welcome to your dream home! This delightful 3-bedroom, 2-bath residence offers the perfect combination of modern amenities and timeless charm. Situated in a peaceful neighborhood, this property is ideal for families, first-time buyers, or anyone looking for a cozy retreat to call their own. Step inside to discover an open-concept layout that effortlessly connects the living, dining, and kitchen areas. A centerpiece fireplace adds character and serves as a cozy gathering spot during cooler evenings. The home has a split plan with the master bedroom separate from the others providing privacy and space. The primary bedroom is complete with an en-suite bath and an ample walk-in closet with built-in shelving. The home has a very large backyard oasis featuring a well-maintained lawn and a screened patio area perfect for outdoor gatherings or quiet relaxation. Whether you're hosting a barbecue or enjoying a peaceful evening under the stars, this outdoor space is sure to be a favorite. This home is ideally located near top-rated schools, parks, shopping centers, and dining options. Easy access to major roads ensures a smooth commute to work or nearby attractions. Schedule a visit today and fall in love with everything this property has to offer!
Source: STELLAR #O6320235
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
Sanford, FL 32773
3 beds · 2 baths · 1,574 sqft