10402 WILLARK WAY, Tampa, FL 33647
MOTIVATED SELLER OFFERING UP TO $10,000 IN SELLER CONCESSIONS! This presents so many opportunities for a buyer- closing cost assistance, rate buy down and even towards updates! Meticulously maintained 4 bed/2 bath/3 car garage, pool home in Cross Creek! The home is located on a quiet cul de sac with a nice-sized, fully fenced lot. The home features formal dining and living spaces, an open kitchen, cozy family room complete with a wood-burning fire place and 3-way split bedrooms. The primary suite is spacious, bright and has a walk-in closet, tub and glass-enclosed shower and dual vanities. Secondary bedrooms are spacious with ample closet space. The kitchen features a stainless appliance package, kitchen island and plenty of counter and cabinet space. There are numerous perks to this home too such as gas appliances, water softening system, supplied hurricane shutters, a whole house Generac generator (2017) , newer roof (2020) and newer exterior paint- truly move-in ready. Enjoy summer evenings in the fully screened patio and pool area which also features a child safety fence, natural gas hookup ready for your grill, newer pool decking and marcite, and solar panels to heat the pool. The homes attic is useable with an easy pull-down ladder and is the perfect for additional storage. Meadowcreek is ideally situated near Cross Creek Blvd., Bruce B. Downs and I-75 with plenty of conveniences nearby. Schedule your viewing today!
You may be able to put down less than the total down payment amount of $76,785 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
What 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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #t3532477