11228 Lake Lanier Dr, Riverview, FL 33569
4 beds · 3 baths · 2,995 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. This beautifully maintained, move-in-ready pool home in the sought-after Lakeside community offers the perfect blend of comfort, style, and convenience—with no CDD fees and low HOA costs. Situated on an oversized corner lot in a quiet cul-de-sac, this 2,895 sq. ft. home features 4 bedrooms, 2.5 baths, a 3-car garage, and a sparkling saltwater pool with a hot tub. Freshly painted inside and out, the home welcomes you with a bright, open layout and elegant porcelain tile flooring throughout the first floor. The spacious family room and dining area sit to one side, while the opposite wing includes a laundry room, a convenient half bath, and access to the garage. A dedicated office/den leads into the inviting living room, while the stylish kitchen—complete with granite countertops, dark wood cabinetry, and newer stainless steel appliances—flows into a charming breakfast nook. Upstairs, all four generously sized bedrooms are carpeted, including a luxurious primary suite with a spa-like en-suite featuring dual sinks, a garden tub, a separate shower, and a massive walk-in closet. The secondary bedrooms share an updated full bath. Sliding doors open to a private backyard retreat, boasting a large paver patio, a fully fenced yard, and a gorgeous pool area. With a roof under four years old and fully paid-off solar panels providing free electricity, this home is both energy-efficient and move-in ready. Conveniently located off US 301 with easy access to I-75, shopping, dining, St. Joseph’s Hospital, Brandon Westfield Mall, Downtown Tampa, and MacDill AFB—this home is a must-see. Schedule your showing today!
Source: STELLAR #TB8366200
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8366200
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.