VA loan
1 of 67
VA loan
$500,000
SIGNIN

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5425 Lewellyn Rd, Lakeland, FL 33810

4 beds · 4 baths · 1,932 sqft

Welcome to this stunning 4 bedroom, 3 1/2 bathroom home with a mother-in-law suite. Situated on almost an acre of land, this property offers ample space both inside and out. Plenty of Space, No HOA, and Room to Grow and Make It Your Own! This spacious home offers a fantastic opportunity with no HOA—bring your boat, camper, or other toys with ease! Upon entering the home, you will be greeted by a spacious living area a cozy wood-burning fireplace, perfect for relaxing evenings. The kitchen and dining area are well-sized and ready for your personal touch. The kitchen features modern appliances, a large pantry, and a breakfast bar, perfect for entertaining guests. The master bedroom boasts en-suite bathroom The mother-in-law suite provides a separate living area for guests or extended family members, complete with 1 1/2 private bathrooms. Step outside to the backyard oasis, where you will find a sparkling pool and oversized patio area, ideal for enjoying the Florida sunshine and entertaining. Additional features of this property include a three-car garage, fully fenced yard, and best of all, the solar panels are paid off, providing energy efficiency and cost savings. New internet cables installed. Don't miss your chance to own this beautiful home in a desirable Lakeland location. Located close to shopping, dining, schools, and with easy access to I-4, this property combines space, convenience, and potential—all in one! Schedule your showing today!

Estimated
Seller's interest rate
5.125%
7%
Estimated
Monthly payment

$2,711
$3,075
You may also save up to $117,910 in total interest paid.

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.


Open house
Jun 15 • 2PM - 4PM
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $3,075 monthly payment

Financed
SIGNIN
Location
Loan details
Loan type
VA
Rate
5.125%
Remaining term
27 yrs
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,711
Principal & interest
$1,769
Mortgage insurance
-
Property taxes
$487
Home insurance
$454
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
1,932 sqft
Lot size
0.9 acres
Year built
1963
Type
Single Family Residence
HOA dues
$0.00

Source: STELLAR #L4953085

Frequently asked questions

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 620, 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.

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.

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.

View all FAQs
Last updated: Jun 12, 2025 07:23 am
Listing agent: Deana Lainhart (239) 289-1195
Listing provided courtesy of: KELLER WILLIAMS REALTY SMART (863) 577-1234
Details provided by STELLAR and may not match the public record.
MLS ID: #L4953085
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
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Est. seller's rate
5.125%
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