11420 Chilly Water Ct, Riverview, FL 33569
5 beds · 4 baths · 3,834 sqft sqft
Welcome to your spacious retreat in Rivercrest lakes. This luxurious 5-bedroom, 3.5-bath home offers an inviting atmosphere and modern amenities designed for comfort and convenience. As you step inside, the office welcomes you, perfect for work or study just steps from the main entrance. The open concept layout seamlessly connects the kitchen, dining area, and living room, creating a central hub for gatherings and daily life. The kitchen features stainless steel appliances, an expansive island with ample eating space, ideal for casual meals or entertaining guests. Indulge in the primary bedroom suite, complete with a walk-in glass shower and a relaxing spa tub, providing a private oasis within your own home. Upstairs, a loft area offers additional flexible space for lounging or activities. This home boasts premium features such as Magnus Polished Porcelain Tile throughout the main floor and bathrooms upstairs, enhancing both style and durability. A Smart Home system ensures convenience with garage-keyed entry and includes home security through ADT. Enjoy outdoor living with a front porch featuring a cooling fan and a spacious backyard screened-in lanai with exterior shades, a spa/jacuzzi with bar seating for 4, perfect for enjoying Florida’s beautiful weather and ideal for entertaining guests. Additionally, the home includes a 2-car garage for secure parking and storage, as well as a water softener system for enhanced water quality throughout the home. Community amenities include a dog park and a playground, offering recreational options for all ages. Convenience meets luxury in this thoughtfully designed home, where every detail enhances your living experience. In a great location, a short ride to Downtown Tampa and close by to other dining, shops & grocery options. Discover the comfort and elegance of this remarkable property – a place where you can truly feel at home.
Source: STELLAR #a4612183
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4612183
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: #a4612183
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.