VA loan
1 of 23
VA loan
$444,000

11512 Weston Course Loop, Riverview, FL 33579

4 beds · 2 baths · 2,065 sqft

Welcome to 11512 Weston Course Loop in Riverview, a meticulously designed 4-bedroom, 2-bathroom home offering 2,065 sq. ft. of comfortable, modern living space. Situated in the desirable Panther’s Trace neighborhood offering a Lagoon styles Community pool, an elaborate water park, a 3000 square foot clubhouse with a kitchen, meeting rooms, social rooms, lockers, tennis courts and an outdoor playground. In addition to the Community features this home combines luxury, convenience, and comfort with top-of-the-line features that are sure to impress. Spacious & Inviting Layout with 4 bedrooms and 2 full baths, this home offers plenty of space for family and guests. The open floor plan creates a warm, welcoming atmosphere, perfect for both everyday living and entertaining. The Chef's Kitchen is a dream with upgraded cherry oak cabinets, sleek stainless steel appliances, and a tile backsplash that complements the matching floors. The kitchen also features a cozy eating area, making it perfect for family meals or casual dining. The Luxury Master Suite offers elegant laminate flooring and boasts a lakefront view with no rear neighbors, offering a serene retreat. Enjoy the luxury of a walk-in closet with freshly carpeted floors, and a master bath featuring a spa tub, separate shower, double vanity sink, and a private restroom for added convenience. All other bedrooms are carpeted with ceiling fans. Each room is designed for maximum comfort. This home is equipped with a smart thermostat, pre-wiring for surround sound and ADT security, and a Wi-Fi drop in the family room for seamless streaming and connectivity. Enjoy stunning views from the master suite, guest bedroom, and the double-slatted lanai with UV-tinted sliding glass doors. The home’s peaceful location on a lake provides both privacy and tranquility, with no rear neighbors. A brand-new HVAC unit (with a 10-year warranty and maintenance package) ensures year-round comfort, while the home also includes a water softener system, sprinkler system, and attic storage with a fan for added convenience. The garage features a laundry basin, and the laundry room offers extra storage space with a separate linen closet. Plus, the home is pre-wired for ADT security, giving you peace of mind. This home is situated in a quiet neighborhood yet close to schools, shopping, dining, and major highways for easy commuting. It offers the perfect blend of suburban living with easy access to the conveniences of the city and a short drive to Tampa or Orlando. Whether you're enjoying peaceful lakefront views, entertaining in the spacious family room, or cooking in your upgraded kitchen, this home offers everything you need to live in comfort and style. Don’t miss the opportunity to make 11512 Weston Course Loop your forever home. Schedule your showing today!

Interest rate 3
2.375%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$693
With Roam
$1,127
Reduce your monthly payments by $433 when you assume this mortgage.
You also save $136,100 in total interest paid.

$281,879
Edit

You may be able to put down less than the total down payment amount of $281,879 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Details
Home
Size
2,065 sqft
Lot size
0.16 acres
Year built
2009
Type
Single Family Residence

Source: STELLAR #o6258404

Loan
Remaining term
26 years, 2 months
Rate
2.375%
Monthly P&I
$693
Remaining loan balance
$162,120

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

expand content

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.

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Last updated: Nov 25, 2024 10:41 am
Listing agent: Star Williams (407) 431-1989
Listing provided courtesy of: STAR STUDDED REALTY GROUP (407) 868-8791
Details provided by STELLAR and may not match the public record.
MLS ID: #o6258404
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2024 MLS GRID. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$693/mo
View details