11042 Standing Stone Dr, Wimauma, FL 33598
4 beds · 2 baths · 1,897 sqft sqft
Welcome to 11042 Standing Stone Dr, located in the desirable Highland Estates area of the Ayers Glen neighborhood. Built in 2016, this spacious 4-bedroom, 2-bathroom home offers 1,937 square feet of comfortable living space. Situated on an exceptionally private lot with only one neighbor to the side and serene conservation views to the rear, this home provides a rare level of privacy in the community. The home features high ceilings and tall doors that fill the space with natural light, creating a bright and open atmosphere. The great room flows seamlessly into the expansive owner's suite, which includes a generously sized walk-in closet, a walk-in shower, and dual sinks in the owner's bath. Step outside to enjoy the beautiful screened backyard area, perfect for relaxation and entertaining. This home is move-in ready with a brand-new AC system installed September of this year, brand-new roof installed last year, and a freshly repainted exterior this year. Located within close proximity to Sumner High School, this community is highly sought-after. You'll also enjoy easy access to US-301 and Highway 75, with a short 5-minute drive to shopping, restaurants, and the local hospital. Plus, you're just 4 miles from major highway access. Don’t miss the chance to make this beautiful home yours!
Source: STELLAR #tb8300572
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8300572
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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 “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.
MLS ID: #tb8300572
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.