10957 KEYS GATE DR, Riverview, FL 33579
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.
You may be able to put down less than the total down payment amount of $14,520 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: #t3535334