11875 Sunburst Marble Rd, Riverview, FL 33579
4 beds · 3 baths · 2,061 sqft sqft
**Property is eligible for Community Development Loan with no money down and no mortgage insurance for qualified applicants.** Welcome to your dream home in the heart of the sought-after Southfork community in Riverview! This contemporary gem boasts 4 bedrooms, 3 bathrooms, and a 2-car garage. The open floor plan is designed for modern living and entertaining, featuring a sleek kitchen with stainless steel appliances, granite countertops, and a breakfast bar. The split floor plan offers privacy, with the 4th bedroom featuring its own bathroom, making it perfect as a second primary or in-law suite. The primary suite is a serene retreat with a spacious walk-in closet, a luxurious en-suite bathroom, and convenient laundry access through both the primary suite and the kitchen. Enjoy the tranquil water view from the comfort of your screened patio, perfect for soaking up the Florida sunshine. For added safety, this home also includes hurricane shutters. Additionally, it is located just a few blocks from the community pool and amenity center, making it ideal for fun and relaxation. The Southfork community offers a vibrant lifestyle with top-notch amenities, including a community pool, playgrounds, trails, and more. Residents can enjoy social gatherings, outdoor activities, and a strong sense of community. The location is incredibly convenient, with easy access to shopping centers, diverse dining options, and top-rated schools. Additionally, Southfork is just a short drive from major highways, making commutes to Tampa and other nearby areas a breeze. This home truly offers the perfect blend of comfort, convenience, and community. Schedule a showing today!
Source: STELLAR #t3543112
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3543112
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: #t3543112
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.