11951 Brighton Knoll Loop, Riverview, FL 33579
4 beds · 4 baths · 2,824 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Your Dream Just Came True!! Enjoy Ultimate privacy in this backyard!! Come home to your Beautiful 4 Bedroom 3 and 1/2 Baths Luxury Home in the Highly desirable South fork Community in Riverview! This one-story, 2824 Sq Ft, all concrete block constructed home has a truly open concept floor plan, with a screened-in, paved extended lanai. A Gourmet kitchen that includes self-cleaning double ovens, electric induction cook top, over-the-range microwave, dishwasher, double compartment quartz under mount sink, Refrigerator, Quartz countertops with coordinating backsplash, Beverage nook with beverage cooler, Water softener and Water filtration system, Multi-generation living area which includes kitchenette; private, side entrance; bedroom with full bath and walk-in-closet, The home faces West so that the sun sets on the front side of the home providing a shady backyard with a view of The nature preserve, This single story plan features two bedrooms at the front of the home which share a jack-and-Jill full bathroom. The owner's suite is located on the back of the home for privacy. The garage side of the home features a fully paved walkway and the home has rain gutters to prevent erosion. Come enjoy our amenities including the community pool and clubhouse, tennis courts, and a beautiful park for enjoying our Florida weather. Make your appointment Today as this beautiful home will not last long!!
Source: STELLAR #O6297024
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #O6297024
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.