11120 Sailbrooke Dr, Riverview, FL 33579
4 beds · 3 baths · 2,940 sqft
Stunning US Homes Brighton II Model in Summerfield Golf Course Community Welcome to this exquisite 4-bedroom, 2.5-bathroom home nestled in the sought-after Summerfield Golf Course Community. With its prime golf course frontage, this residence offers a tranquil retreat combined with luxurious living. Boasting a spacious layout, updated interiors, and exceptional outdoor amenities, this home is perfect for both relaxation and entertaining. Exceptional Curb Appeal & Entryway As you approach this magnificent home, you'll immediately notice its impeccable landscaping and charming architectural details. The new garage door opener with WiFi connectivity ensures both security and convenience, adding a modern touch to the home’s functionality. Step through the elegant entryway and be greeted by a light-filled open-concept design that seamlessly blends comfort with sophistication. Spacious & Elegant Living Areas The first floor features gleaming wood floors, creating a warm and inviting ambiance throughout the main living areas. The formal living and dining rooms provide ample space for entertaining guests, while the family room offers a cozy yet spacious environment to relax and unwind. With large windows allowing for abundant natural light and picturesque views of the golf course, this home provides a seamless connection between indoor and outdoor living. Updated Kitchen - A Chef’s Dream The beautifully updated kitchen is a highlight of the home, designed with both style and functionality in mind. Features include: Modern stainless steel appliances Granite countertops Ample cabinet space Adding to the convenience, the TV in the kitchen stays, allowing you to enjoy your favorite shows while preparing meals. Comfortable & Private Bedrooms Upstairs, you’ll find four generously sized bedrooms, including the luxurious primary suite. The primary bedroom offers a serene escape, featuring a spacious layout, walk-in closet, and en-suite bathroom complete with dual vanities, a soaking tub, and a separate shower. The additional bedrooms provide ample space for family, guests, or even a home office setup, ensuring versatility to meet your needs. This home is equipped with two Nest thermostats, providing energy efficiency and customizable climate control at your fingertips. The new screens in the pool area ensure uninterrupted outdoor enjoyment while maintaining a fresh and pristine look. Outdoor Paradise - Pool & Spa Overlooking the Golf Course Step outside into your private outdoor oasis. The beautiful pool and spa area provides the ultimate retreat, whether you’re enjoying a morning swim or unwinding in the spa after a long day. The screened enclosure enhances the experience, keeping the space clean and enjoyable year-round. Adding to the entertainment value, the TV in the pool area stays, allowing you to watch your favorite programs while basking in the Florida sunshine. Additional Features & Extras Refrigerator in the garage stays for added convenience Attached two-car garage Laundry room with ample storage
Source: STELLAR #A4643739
Financials
Source: Public records
Source: STELLAR #A4643739
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.
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 “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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.