11632 Winterset Cove Dr, Riverview, FL 33579
4 beds · 2 baths · 1,842 sqft sqft
ASSUMABLE VA MORTGAGE is available on this Charming Contemporary Ranch on Conservation Lot - Fully Updated & Move-In Ready! Welcome to this beautifully updated 4-bedroom, 2-bathroom ranch-style home, perfectly nestled on a serene conservation lot in the desirable Ballentrae community. Offering modern living with a touch of nature, this home combines stylish design and a relaxed atmosphere. Step inside to discover a fully updated interior featuring sleek black accents, updated fixtures, and premium finishes throughout. The open floor plan provides an inviting flow, ideal for both entertaining and everyday living. The gourmet kitchen is the heart of the home, with its stunning black cabinets, upgraded appliances, and plenty of counter space for the home chef. The master suite offers privacy and comfort, while three additional bedrooms provide space for family, guests, or a home office. Both bathrooms have been thoughtfully updated with modern touches, ensuring style and convenience. Enjoy the benefits of living in a peaceful neighborhood with a low HOA, while still having access to fantastic community amenities such as a pool, playground, and walking trails. With its conservation lot, you can relax in your backyard oasis, surrounded by nature and tranquility. This home is the perfect blend of contemporary design and natural beauty – ready for you to move in and make it your own! Washer/Dryer do not convey.
Source: STELLAR #tb8310436
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8310436
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #tb8310436