1207 Cedar Tree Ln, Seffner, FL 33584
3 beds · 2 baths · 1,472 sqft
No HOA. No CDD. POOL HOME! Check out this proudly maintained home in Seffner. Great location between Hillsborough Ave and MLK Jr. Blvd with quick access to I-4 and I-75. This home has so much space for entertaining and family time, but also with the split floor plan, it boasts peaceful and private bedrooms on each side of the home. A primary bedroom that has been converted from two bedrooms to one, with a full bathroom. Beautiful vinyl wood planks in the bedrooms and laminate flooring throughout the kitchen and dining room. A large laundry room off the kitchen with tons of storage space. Marble countertops in the kitchen with a view leading out to the pool! Outside the dining room is a screened in lanai, the screens were just replaced (8/23). Beyond the lanai is a large fenced in backyard with a quenching pool!! JUMP RIGHT IN! This pool has been well maintained, with a recent acid wash (June 2024). The backyard had an unfinished Mother-in-Law suite, wired for electric, with endless possibilities. If one thing is for sure, it's that this pool home won't last long! Make your appointment for a private showing today.
Source: STELLAR #t3543086
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3543086
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: #t3543086
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.