12811 Longcrest Dr, Riverview, FL 33579
4 beds · 3 baths · 2,494 sqft
**SELLER MOTIVATED!** *THIS PROPERTY QUALIFIES FOR A 1.5% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.* Welcome to your new home in the highly desirable Summerfield community! This inviting property features a spacious, fully fenced backyard, complete with a recently added saltwater pool—perfect for both relaxation and entertaining. The outdoor area offers an expansive paver patio, a sun deck for lounging, and a child safety fence for added peace of mind. This home has seen thoughtful updates, including new carpet on the stairs, refreshed crown molding, and a newly painted exterior (2024), all giving it a bright, refreshed feel. Additional highlights include a newer roof (2021), an in-wall pest control system, and a UV light in the HVAC system for improved air quality throughout. Inside, just under 2,500 sq. ft. of living space includes 4 spacious bedrooms and 2.5 bathrooms. The formal living and dining rooms set the stage for memorable gatherings, while the open-concept kitchen and family room are designed for comfortable, everyday living. A large kitchen window provides a view of the lush backyard, seamlessly connecting indoor and outdoor spaces. Upstairs, retreat to the primary suite, featuring a custom walk-in closet (2022) and an ensuite with dual sinks, a soaking tub, and a spacious shower. Three additional bedrooms share a well-appointed hall bath, while a convenient half bath is located on the main level. With its modern updates, spacious layout, and fantastic outdoor amenities, this home offers the ideal setting for your next chapter. Summerfield is a master planned community that offers a wide range of amenities—all with a low quarterly HOA. Residents enjoy access to a Community Center featuring two pools, an indoor basketball gym, fitness rooms, a dog park, and more. With convenient access to I-75 just two miles away, you’re only a short drive from Downtown Tampa, MacDill Air Force Base, and Tampa International Airport, placing the best of the area within easy reach.
Source: STELLAR #a4627590
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4627590
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: #a4627590
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.