1148 Emerald Hill Way, Valrico, FL 33594
4 beds · 2 baths · 2,172 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This spacious 4 bedroom 2 bath home is a gem sitting on the golf course overlooking the 14th green, boasting features that make it not only beautiful but Hurricane resistant. The 500+ sf paved patio area is a family gathering place par excellence, perfect for cookouts and parties. The updated kitchen boasts newer matching appliances, beautiful granite counters, a decorative subway backsplash, new wood cabinets, a lower island with country sink with a 5 stage reverse osmosis filter including instant hot water. Did I mention the built-in coffee bar and cabinet conveniently located between kitchen and dinette. Enjoy that outdoor view and feel safe with new hurricane rated windows throughout the home with a lifetime warranty against breakage. Stay cozy year round with additional R-25 insulation in the attic as well as the insulated benefits of the windows. Luxury Mohawk laminated wood flooring runs throughout the living areas and makes for easy care plus durability and is accented with 5 1/4" baseboards. The large owners suite overlooks the spacious back yard. Plus it has a 5x10 walk in closet. New cabinets in the owners bath and granite counters with double sinks add to the unique features of this home. The many architectural features allow for your individual decor & design. The split plan guest bedrooms provide privacy for all. Another convenience is the inside laundry room. Even the garage has special features like the acrylic sealed floor, the garage door opener with camera, and plenty of extra room for storage. The outside includes a Rainbird in ground sprinkler system, Ring doorbell camera, plus cameras in front and rear of home for your safety and security. The 5 year old roof has a 30 year dimensional shingle, good for up to 155 mph winds. Leaf filters on all gutters are guaranteed for life. Lastly, the whole home water softener and filter is unseen but welcomed by all, as are the 4 year old HVAC and Water Heater. This lovely golf course community is conveniently located for traveling in any direction. Come see this home for yourself, lovingly owned and cared for by the current owners for almost 20 years. Call today to schedule your personal tour.
Source: STELLAR #TB8316644
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8316644
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 and Equal Opportunity Act.