12749 Weatherstone Dr, Spring Hill, FL 34609
4 beds · 3 baths · 2,878 sqft
Heavenly home in Spring Hill in a location that cannot be beat! Minutes from the Suncoast Parkway and all of the modern conveniences. This exquisite 4 bedroom, 3 bathroom home, built in 2020, offers the perfect combination of luxury, comfort and modern design. Boasting a spacious 2,878 sq. ft. floor plan, designed for relaxation and convenience, the open and airy layout is perfect for modern living, with seamless flow between the kitchen, dining, and living areas with an extra large slider seamlessly blending the indoor and outdoor space. The gourmet kitchen is a chef’s dream with real wood cabinetry, stainless steel refrigerator, double convection ovens, range, microwave and dishwasher. Flaunting tons of gorgeous light quartz counter tops, stunningly contrasted by the charcoal mosaic backsplash, the large kitchen entices one to gather. A breakfast bar provides even more prep space and a perfect spot for casual meals. Split bedrooms are a treat, The well thought out layout offers privacy and quiet for everyone in the household. The spacious primary provides a private retreat, with generous ensuite bathroom and a gigantic walk in closet, while the additional bedrooms create ample space for guests. The extra large and extended 3 car garage provides masses of space for your vehicles, tools, and toys. Florida’s summer weather can get steamy, but you can stay cool with a beautifully designed saltwater pool right in your own backyard, heated for enjoyment year round. Enjoy outdoor living with covered patio and fully screened lanai. Perfect for alfresco dining, entertaining, or floating in the pool without the worry of insects. Owner updates include: irrigation system for the backyard, rain gutters, custom blinds and water softener. Don’t miss your opportunity to own this incredible home. Contact us today to schedule a showing!
Source: STELLAR #TB8358134
Financials
Source: Public records
Source: STELLAR #TB8358134
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.