11115 Spring Point Cir, Riverview, FL 33579
4 beds · 3 baths · 2,881 sqft
One or more photo(s) has been virtually staged. Welcome to your dream home! This spacious 4-bedroom, 2.5-bath, 3-car garage residence, is unique to the area, highlighting natural gas which includes, stove/top range, tankless water heater, and optional dryer. Kitchen boasts an oversized island and gourmet kitchen, perfect for culinary enthusiasts, featuring ample storage and elegant finishes. The open floor plan on the ground level is ideal for entertaining, showcasing luxury vinyl plank flooring that adds both style and durability. This includes incredibly unique custom stone wall built-ins with access to a half bath on the ground level. On the second level you walk into a remarkably oversized loft with high ceilings perfect for a game room, playroom, office, or a theater room. All four bedrooms, as well as the second bath, are conveniently located upstairs. Inside the primary bedroom you'll find the beautiful tray ceilings that create a sense of grandeur. The bathroom is complemented with a soaking tub, double sinks and expansive walk-in closet. Join the Lucaya Lake Clubs family and enjoy access to the community's clubhouse, beach entry resort-style pool with cabanas and splash pad for the kiddos. Additional amenities include access to the fitness center, playground, veranda, their 78- acre lake with beach front views and so much more. Lucaya Lake Club also has community events throughout the year for all residents alike. This quiet neighborhood is zoned to a top-ranked Pre-K through 8 school, less than a mile away. Don't miss your chance to experience this exceptional property schedule your private tour today! One or more photo(s) has been virtually staged.
Source: STELLAR #tb8311637
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8311637
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: #tb8311637
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.