10327 Meadow Crossing Dr, Tampa, FL 33647
5 beds · 3 baths · 2,598 sqft
Beautiful spacious home features 4 Bedrooms, office with closet can be used as 5th bedroom, 3 full bathrooms completely remodeled, 3 car car garage and screened in pool nestled in the Creek Wood gated community of Cross Creek in New Tampa. Creek wood is an established gated community, safe and kid friendly. This impressive M/I Homes, Corsica IV model has a fabulous kitchen with marble counter tops, a spacious island, oak cabinets, wine rack, stainless steel appliances, walk in pantry and a snack bar that opens to the family room. This home welcomes you with Soaring Ceilings, ceiling fans and decorative wall shelvings. The triple glass sliding door from living room to patio will slide away opening to the screen in pool area, patio was recently painted, just outside the screen is an authentic Argentinean barbecue, sitting on a patio covered in brick pavers for comfortable family cookouts. The pool has a safety fence which can easily be installed and removed depending on your need. The master bedroom and secondary bedrooms are in a split bedroom floor plan. The Master suite includes a sitting area with double glass sliding door opening to the lanai and pool area. Master bath has two custom walk in closets, dual sinks, a stone freestanding tub as well as a walk in shower and frosted glass window. The forth bedroom has an en-suite bath with direct access to the lanai and pool area and walk in closet. This house has over 100K in upgrades: security camera system, alarm system, irrigation system, electric pool heater, Mexican Saltillo tile through out the entire house, completely remodeled bathrooms, renovated kitchen, freshly installed insulation in the attic to keep the house cool in summer and warm in winter, all high windows have acrylic tint to keep harmful rays and heat out, 5 year old roof, 5 year old AC, 2 year old Split AC in garage, 2 year old water heater, exterior was completely painted 2 years ago, gutters, pavers on driveway and paver design entry walkway with columns and fenced in yard.
Source: STELLAR #O6279496
Financials
Source: STELLAR #O6279496
Source: Public records
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%. 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.
Other resourcesWhat is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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 committed to and abides by the Fair Housing Act of Equal Opportunity Act.