13022 Payton St, Odessa, FL 33556
4 beds · 3 baths · 3,053 sqft
Get a free consultation call with an expert in the mortgage assumption process.
MOTIVATED SELLERS! Beautiful 2018 expanded corner lot home located in the coveted Starkey Ranch Community w/over $30k in recent upgrades inc. Brand new outdoor kitchen and lanai, new exterior paint, and luxury vinyl plank flooring!So much storage space in this home! Open foyer with custom features connects to an office w/double French doors, a gorgeous powder room half bath, and luxury owner's suite. Large owners suite features tray Ceilings, custom walk in primary closet, beautiful 8? custom barn door that opens up to the ensuite bath with large shower complete with rain showerhead, linen closet, water closet, separate his and hers vanities with granite counters, shiplap walls, and luxury LED bathroom mirrors, and a second walk in closet! Home boasts an open concept with a gourmet kitchen complete with premium appliances including a KitchenAid 36' gas cooktop, KitchenAid dishwasher, built-in KitchenAid oven/micro combo, & smart French door refrigerator. Custom cabinet layout w/premium finish and crown molding, Quartz countertops and a fully wrapped kitchen island. Brushed nickel hardware. Upgraded backsplash tile. Dual pantries! Planning center with quartz counters that match the kitchen. Living room offers coffered ceilings, advanced built-in ceiling speakers that integrate with Amazon Alexa devices throughout the house, and a large 3-panel sliding glass door that opens all the way to the lanai, great for inside/outside living! Walk outside to your covered lanai and fenced-in extended patio with a new premium epoxy flake finish, Alexa integrated speakers in lanai ceiling as well, and a brand new outdoor kitchen, complete with natural gas grill, sink, and upgraded mini fridge with lock! Off the living room is an upgraded mudroom/entry with shiplap feature walls, includes a custom dog room built under the stairs that leads
Source: STELLAR #W7870279
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #W7870279
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.