12316 Coronado Dr, Spring Hill, FL 34609
4 beds · 2 baths · 2,386 sqft
PRICE REDUCTION - Welcome to your dream home in the highly desirable area of Spring Hill! This stunning 4-bedroom, 2-bath MOVE IN READY residence boasts 2,386 square feet of beautifully UPDATED living space, perfectly situated on a spacious .50-acre lot. The home features beautiful wood-look tile throughout, adding a touch of elegance and easy maintenance to every room. Discover a spacious multi-purpose room featuring a charming wood-burning fireplace, making it perfect for a cozy family room, home office, playroom, guest suite, or a 5th bedroom. The kitchen has been tastefully UPDATED with soft-close cabinets, elegant granite countertops, a central island, and stainless-steel appliances, seamlessly flowing into the dining area. The master suite offers a luxurious retreat with a walk-in closet and an UPDATED en-suite bathroom featuring a granite countertop, double sinks, and a tiled jetted tub. Adjacent to the master is the second bedroom, perfect for use as a nursery, craft room, or additional office space. The guest bath has also been beautifully UPDATED with a granite counter and a tiled walk-in shower. The inviting living room provides ample space for relaxation and entertainment. Bedrooms 3, 4, and the inside laundry room complete the interior space. For those needing extra storage or workshop space, the property includes a 720 square foot detached garage with an additional storage area perfect for a workshop or man cave. The home is equipped with a BRAND NEW 4-ton AC unit and has a 2017 roof. The drain field has been replaced, and the property is a repaired sinkhole, fully insurable for peace of mind. Enjoy proximity to all amenities, including schools, shopping, dining, medical facilities, and recreational activities such as boating, fishing, and nearby attractions. With easy commuting to Tampa and Orlando, and Florida's stunning beaches just a short drive away, this home offers the perfect blend of convenience and tranquility. Don’t miss the opportunity to make this exquisite property your new home today!
Source: STELLAR #w7867227
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #w7867227
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: #w7867227
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.