11537 Southern Creek Dr, Gibsonton, FL 33534
4 beds · 2 baths · 1,794 sqft
Welcome to this beautifully maintained 4-bedroom, 2-bathroom home located at 11537 Southern Creek Dr, Gibsonton, FL. Offering 1,794 sq ft of living space, this single-family home features a spacious, modern kitchen equipped with stainless steel appliances, sleek granite countertops, and plenty of storage—perfect for both daily living and entertaining guests. The open floor plan creates a seamless flow from room to room, providing a comfortable and inviting atmosphere. Nestled in the peaceful community of Gibsonton, this home offers easy access to nature and outdoor activities. Enjoy kayaking along the scenic Alafia River, relax at the nearby Apollo Beach Nature Preserve, or explore wildlife at the renowned Manatee Viewing Center. For outdoor enthusiasts, E.G. Simmons Regional Park offers fishing, hiking, and picnic areas along the waterfront, just a short drive away. Shopping, dining, and entertainment options are also conveniently located, with the Westfield Brandon Mall and East Bay Raceway Park just minutes away. With its prime location and modern amenities, this home provides the perfect blend of comfort, convenience, and Florida living. Don’t miss out on this opportunity to make it yours!
Source: STELLAR #TB8310609
Financials
Source: Public records
Source: STELLAR #TB8310609
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.