11405 Emerald Shore Dr, Riverview, FL 33579
3 beds · 2 baths · 2,043 sqft
The property did NOT flood or lose power from either hurricane- hurricane shutters are included! Welcome to the GATED resort-style community of Lucaya Lake Club! Feel like you are always on vacation with luxury amenities including a zero-entry pool with lap lanes, splash pad, covered cabanas, a sandy beach, playground, clubhouse with fitness center, plus a boat ramp and dock that can used for fishing, kayaking, canoeing and so much more! This meticulously maintained 3 bedroom plus den, 2 bath home boasts amazing curb appeal with a lush tropical landscape. Step into the foyer and you are greeted with an abundance of natural light and an open-concept floorplan. Bedrooms 2 and 3 are tucked away towards the front of the home and share the nearby full bath. French doors lead into the den, creating a perfect space for a home office or even 4th bedroom. The primary bedroom boasts a walk-in closet and ensuite with dual vanity sinks, glass shower and separate soaking tub. The combined kitchen, dining, room, and living room are an ideal setting to entertain. The gourmet kitchen has plenty of cabinet space, granite countertops, recessed lighting, a pantry, NEW refrigerator, and opens to the attached breakfast nook. From the living room, glass sliders lead out onto the covered patio where you can enjoy the privacy from the fully fenced backyard. Exterior gutters, a new kitchen faucet, and a kitchen backsplash are just a few of the upgrades to note about this wonderful home. Premier location with proximity to schools, shopping, dining, I-75, US-301 and the Selmon Expressway for easy commuting into downtown Tampa, Tampa International Airport and MacDill Airforce Base.
Source: STELLAR #t3538781
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3538781
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: #t3538781
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.