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8835 Abbey Leaf Ln # 1, Orlando, FL 32827
4 beds · 3 baths · 2,411 sqft
Welcome to this well-maintained home located in the highly desirable gated community of Water’s Edge in Lake Nona! This spacious property features an open-concept kitchen with granite countertops that overlooks the family room — perfect for everyday living and entertaining. The home offers a number of upgrades, including a new roof installed in 2021, crown molding throughout, and a built-in surround sound system ready for your audio setup. The primary suite includes dual sinks, a walk-in shower, jacuzzi tub, and a large walk-in closet. You’ll appreciate the neutral tones, arched doorways, and plenty of natural light throughout the home. The triple sliding glass doors lead to a paved backyard patio — a peaceful outdoor space with mature landscaping, where you can relax and enjoy the view of Monarch butterflies around the Flamboyant tree. Additional highlights include a spacious pantry, indoor laundry room, wood flooring, and an A/C system installed in 2021. Water’s Edge is a gated community offering private boat ramp access to Lake Nona, where residents can enjoy boating, fishing, and skiing. A secure boat storage lot is also available within the community. No CDD! The HOA includes access to community amenities such as a pool, private tennis court, and a family membership to the YMCA. Located in an “A”-rated school district with easy access to SR-417, SR-528, Medical City, the USTA Tennis Center, Restaurants, and Orlando International Airport. Schedule your private showing today!
Source: STELLAR #S5127690
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.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #S5127690
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
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