1130 Split Silk St, Valrico, FL 33594
4 beds · 3 baths · 2,750 sqft sqft
Welcome to a beautiful pool home located in one of the most stunning neighborhoods. This home is spectacularly open and offers enough room for some of the largest furniture. Not only is the home large, but it offers elegant touches of detail throughout the home such as wooden features and floating shelves. Walking into the home you notice the tall ceilings and large floorplan. To the right you will find the study/office suitable for multiple lifestyles and to the left you're greeted with a wonderful sitting area to enjoy a book. Conjoined to the sitting room, is the (once again) LARGE dining room ready to be filled with a spacious dining table for all your family gatherings. Once in the kitchen you'll find an overhead window giving just the right amount of natural lighting into the home. For the premiere cooks out there, this home offers gas cooking equipment ready for any and all to fine tune their cooking skills. Over looking the kitchen, you're greeted with the wide open living room. With a split floor plan you'll have plenty of privacy from the secondary bedrooms. The primary bedroom offers ample space as well as the bathroom. With a private toilet room, garden tub and walk in shower, what more could you ask for? One of the best features of this home may be the walk in closet that has built in shelves ready to hold all of your clothing! The secondary bedrooms offer plenty of space and 2 of the rooms even share a jack and jill bathroom. Outside the home offers great privacy with the fully fenced back yard. And the best part of all, the swimming pool just waiting to be enjoyed on those hot summer afternoons.
Source: STELLAR #tb8307165
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8307165
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #tb8307165