11609 Tetrafin Dr, Riverview, FL 33579
5 beds · 4 baths · 3,461 sqft
Under contract-accepting backup offers. Welcome to resort style living with this spacious, 4 bed, 3.5 bath, saltwater pool/spa home situated on over a quarter acre in The Reserve at Pradera, Riverview FL, minutes from I-75. Enter into a spacious foyer and the formal dining room. Beautiful laminate flooring throughout the home carries you into a kitchen and family room bursting with natural light where you find double wall ovens, 42" custom cabinets with tons of storage, a butlers pantry, exterior stove ventilation, built in desk area, under cabinet lighting, custom shades throughout the home, surround sound and an under the stairs "pooch palace" with its own LED lights and mini fan!! To finish out the first floor you will also find the spacious office/5th bed with custom built-ins, 1/2 bath. Upstairs you will find 3 large and spacious secondary bedrooms - each with walk-in closets and direct access to a bathroom. Walk past the bright and spacious loft to find a large laundry room which is perfectly placed upstairs near all of the bedrooms. The remote controlled custom blackout shades in the primary bedroom make this the perfect dream room for anyone who likes to sleep in! The primary bedroom also boasts 2 walk-in closets, separate shower/tub and dual sinks. Walking into the backyard you step out onto the large back patio/lanai are to enjoy the resort style salt water pool/spa and luscious landscape! Don't miss your opportunity to own a true move-in ready home!!!!
Source: STELLAR #t3550506
Source: STELLAR #t3550506
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: #t3550506