11218 Leland Groves Dr, Riverview, FL 33579
4 beds · 2 baths · 1,801 sqft
Welcome to this beautifully designed one story home featuring 4 bedrooms, 2 bathrooms, and a 2 car garage with a private fenced backyard for the perfect blend of comfort, privacy and stylish living with no backyard neighbors. The home greets you with flowing tile floors that adds an inviting touch throughout accented with brush nickel light fixtures, ceiling fans and recessed lighting. The open floorplan seamlessly connects the kitchen, living room and dining area enhancing the functionality while maintaining a warm inviting family atmosphere. The living room offers picturesque views of the backyard where you can relax or entertain underneath the screened in covered lanai while enjoying the privacy of no backyard neighbors. The kitchen is delightful featuring an abundance of counter and cabinet space, a large center island with all GE appliances. Tucked away at the rear of the home, the primary suite provides a peaceful retreat, complete with an ensuite bathroom boasting a double vanity, a large walk-in shower, and an expansive walk-in closet. The split floor plan ensures privacy, with three generously sized bedrooms with neutral paint tones, light brown soft carpet and sharing a tastefully designed second bathroom. Perfectly positioned near the front of the home a convenient inside laundry room complete with a washer and dryer leading off into the separate spacious two car garage. The community of Southfork Lakes offers state of the art resort style amenities, including a community pool, park, fitness center, barbecue grill stations, playground, clubhouse, walking trails, and dog park. The location is great with being close to US 301 and I-75 commuting to the Crosstown Expressway, Tampa International Airport, MacDill Air Force Base, Tampa, Orlando and the gorgeous Gulf beaches. Schedule your appointment today to come see this beautiful home!
Source: STELLAR #TB8339944
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8339944
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.
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.
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.
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.
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.
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.