11542 Tangle Branch Ln, Gibsonton, FL 33534
3 beds · 3 baths · 2,514 sqft sqft
WOW!!! Come check out this gorgeous home in the highly desirable neighborhood of Tanglewood Preserve. This home features 3 bedroom, 2.5 bath, 2 car garage and 2,488 sq/ft. LOW HOA and NO CDD!! Preferred lender is offering a 1% rate reduction FOR FREE for the first 12 months! As you enter this two story home it has an inviting open floor plan with a stunning 18' ceiling in the main family room. New AC installed (2021) ROOF (2012). Freshly painted inside and out (2022). Flex space added with built in bar, lighting and cabinet space. Open kitchen is a chef's delight with 46 inch cabinets, large island for entertaining, eat-in space, new stylish backsplash, and stainless steel appliances. Half bathroom is downstairs. Walk outback to your 12x10 screened in lanei. Amazing 10 ft high ceilings throughout home! As you walk up the stairs to the 2nd story you will find an open loft with brand new luxury vinyl flooring this can be used as a 2nd living room space, play area, or make it an office. Laundry room is upstairs with convenience near the bedrooms. Master bedroom is large with a built in entertainment center and a large walk-in closet with organizers that will stay. The master bathroom features a garden tub, separate enclosed shower and two split vanities. Guest bathroom features a tub/shower combo. Lots of extra storage space and closets! Large back yard you can fence in with white vinyl fencing for those fur babies. Don't miss out on the opportunity to own this incredible home! Close to shopping, restaurants, and entertainment.
Source: STELLAR #w7866886
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #w7866886
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: #w7866886
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.