12360 Criollo Rd, Spring Hill, FL 34610
4 beds · 3 baths · 2,635 sqft
Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Active with Contract- Back ups Accepted. This 4 bedroom, 3 bathroom, 3 car garage, 2,635sqft home with flex room in the Talavera community is full of possibilities! This huge 2018 built home is the highly desirable Palm model floor plan, offering four large bedrooms, three bathrooms, and a convenient front flex room for a home office or potential 5th bedroom. Two of the four bedrooms have private bathrooms! The first is the primary bedroom with a his and hers walk in closets. The primary bathroom includes a double vanity, walk-in shower, water closet and linen closet. The second bedroom is perfect for use as an in law suite with attached private bathroom. The homes open floor plan creates a perfect space for entertaining or relaxing with family. For a more intimate feel, enjoy the separate large dining room for family dinners. The chef-inspired kitchen is a culinary delight, featuring granite countertops, center island, stainless steel appliances, white shaker cabinets and large pantry. Don't worry about storage as the 3 car garage leaves plenty of space for all of your toys. When you're ready to unwind, step outside to the screened patio and enjoy the sights and sounds of the wild birds that enjoy the pond behind the home. Enjoy the Florida lifestyle as you can take advantage of all the Talavera community has to offer including a resort-style pool, splash pad, tennis courts, basketball courts, and playground, ensuring endless opportunities for recreation and relaxation. Talavera is in a prime location perfect for easy access to shopping, dining and many major roadways. Call for your private showing!
Source: STELLAR #w7866951
Source: STELLAR #w7866951
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: #w7866951
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.