10957 Keys Gate Dr, Riverview, FL 33579
2 beds · 3 baths · 1,532 sqft
HUGE PRICE CONCESSION AND ASSUMABLE, QUALIFING, FHA LOAN! Welcome to this charming townhome nestled in the desirable community of Riverview, where contemporary comfort meets convenience. This property stands out with a host of enticing features, making it a true gem. Upon entering, you're greeted by sleek engineered hardwood floors on the main level, complimented by a kitchen adorned with tile flooring and luxurious granite countertops. Stainless steel appliances, including a convenient touchless sprayer faucet, combine functionality with modern style. The pass-through kitchen bar provides a perfect space for casual dining, overlooking the separate dining room. A practical half bath with washer/dryer closet, complete with appliances that will be included in the sale rounds out the main floor amenities. The spacious great room is bathed in natural light pouring through sliding glass doors that open onto a covered, screened patio with a storage closet, offering tranquil views without rear neighbors. Upstairs, the expansive owner's bedroom retreats to the rear of the home and features its own ensuite bathroom for optimal privacy and comfort. A versatile room, suitable for use as an office, library, playroom, or workout area, separates the two generously-sized bedrooms, Another full bath and the secondary bedroom are situated towards the front of the unit, ensuring ample space and privacy for all occupants. This smart home is outfitted with advanced amenities including an upgraded thermostat and an electronic Schlage lock on the front door, accessible and controllable via smartphone. The AC unit, installed in 2017 with a UV kit for mold prevention, enhances both efficiency and indoor air quality. Residents of this community enjoy access to an impressive array of resort-style amenities, including 2 large swimming pools w/lifeguard, a clubhouse w/fitness center, indoor sport court & party room, an indoor basketball court, tennis courts, new expanded fenced-in playground, sand volleyball court, a covered picnic pavilion with grill, dog park w/separate areas for large & small dogs including a dog wash area, baseball and soccer fields. The HOA FEE INCLUDES: WATER, SEWER, TRASH, groundskeeping, exterior maintenance, amenities, exterior pest control, and management services! The location is unbeatable, with a plethora of shopping and dining options just minutes away, convenient access to US 301 and I-75.
Source: STELLAR #t3535334
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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
Source: STELLAR #t3535334
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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 “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.
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 620, 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.