Assumable homes for sale in Lake Wales, FL

3 homesFHA & VA loansrates from 6.19% vs 7.32% today

Lake Wales assumption guide
305 SHARP Street, Lake Wales, FL, 33853 — assumable FHA mortgage at 6.19%
FHA
Active
20
$256,000$19,683 equity gap
Rate
6.19%
7.32%today
Payment
$1,610/mo
$1,785today
  • 3beds
  • 2baths
  • 1,908sqft

305 SHARP Street, Lake Wales

301 WEAVER Avenue, Lake Wales, FL, 33853 — assumable FHA mortgage at 6.50%
FHA
Active
16
$185,000$12,953 equity gap
Rate
6.50%
7.32%today
Payment
$1,100/mo
$1,195today
  • 2beds
  • 1baths
  • 930sqft

301 WEAVER Avenue, Lake Wales

106-108 ORANGE Avenue, Lake Wales, FL, 33853 — assumable VA mortgage at 6.50%
VA
Active
34
$299,890$41,755 equity gap
Rate
6.50%
7.32%today
Payment
$1,648/mo
$1,792today
  • 4beds
  • 2baths
  • 1,664sqft

106-108 ORANGE Avenue, Lake Wales

Assuming a mortgage in Lake Wales

An assumable mortgage lets you buy the home and take over the seller’s existing FHA, VA or USDA loan—its rate, balance and remaining term included. Each listing above shows the existing rate and payment next to what the same loan would cost at today’s rates (about 7.32%), so you can see the saving before you tour.

Lowest existing rate
6.19%
Lowest existing payment
$1,100 /mo
Median cash to assume
$19,683
Equal Housing Opportunity

UMe is committed to and abides by the Fair Housing Act and Equal Opportunity. Listing data is refreshed daily from participating MLS feeds; existing loan terms are estimates until verified with the servicer.