Welcome to 6416 Domenico Court, an exceptionally maintained and beautifully upgraded home nestled inside the highly sought-after Stewart Lake Preserve community in Groveland. This stunning 4-bedroom, 2.5-bath residence perfectly blends modern comfort, energy efficiency, and peaceful outdoor living, creating a truly turnkey opportunity for its next owners. From the moment you arrive, the home’s inviting curb appeal immediately stands out with its freshly painted exterior completed within the last 24 months, upgraded oversized custom front door, elegant architectural lines, and expansive paver driveway. Step inside and you are greeted by soaring ceilings, abundant natural light, and an airy open-concept design that gives the home a bright, spacious, and luxurious feel throughout. The downstairs living area has been tastefully refreshed with newly painted walls finished in a sophisticated high-gloss paint, complementing the upgraded flooring and adding a polished modern aesthetic. Every detail throughout the home reflects pride of ownership and meticulous care. The spacious kitchen is both functional and stylish, featuring tall cabinetry, soft-close drawers, granite countertops, generous storage space, and an open layout ideal for entertaining family and friends. Upstairs, the thoughtfully designed floorplan offers spacious bedrooms and comfortable living areas perfect for growing families, guests, or a home office setup. The home’s energy-efficient features include energy-efficient windows and doors, an insulated attic, hybrid hot water heater, whole-home ventilation system, and a brand-new roof installed in 2024, providing comfort and peace of mind for years to come. The true showpiece of this property is the breathtaking backyard retreat. Designed to feel like your own private oasis, the outdoor space offers the perfect blend of relaxation, privacy, and scenic beauty. Step outside onto the spacious screened 20x8 lanai, ideal for morning coffee or evening relaxation. Beyond the screened patio, an expansive 20x10 paver patio creates the perfect outdoor entertaining space with plenty of room for grilling, dining, and gathering with friends and family. As the sun sets, the backyard transforms into a warm and inviting escape illuminated by elegant exterior string lighting that creates an unforgettable ambiance. A charming built-in swing adds the perfect touch of comfort and serenity. With no rear neighbors and unobstructed views overlooking a picturesque 10-acre farm, the setting is peaceful and rare to find within a neighborhood community. The fully fenced yard offers additional privacy while still allowing you to enjoy the scenic backdrop and stunning Florida sunsets. Location is where this home truly shines. Just minutes from downtown Groveland and close to the Clermont Chain of Lakes, vibrant downtown Clermont, local restaurants, breweries, coffee shops, and the South Lake Trail with connectivity to Winter Garden. With convenient access to the Florida Turnpike, Walt Disney World, and Orlando International Airport all within approximately 45 minutes, this home delivers the perfect blend of comfort, efficiency, and location. Schedule your private showing today!
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
