1310 COSTA MESA DR, Wesley Chapel, FL 33543
Nestled in the heart of Wesley Chapel, this newly renovated 2 bedroom townhome is move-in ready for you! Location is so important to any home and this gorgeous one sits behind the security of an HOA gate and it's a corner unit right next to the community pool. Parking is not an issue with a dedicated parking space and additional guest parking right outside the front door. Inside this beautiful townhome you are greeted by a spacious downstairs living area with freshly painted walls, brand new lighting and the popcorn ceiling was recently removed. Vinyl plank flooring was just installed in the home which flows seamlessly from downstairs to upstairs. You will not find a shred of carpet in this home. The central a/c has a new control panel and is serviced regularly. Brand new fixtures and paint throughout the home make it feel much newer than the 1999 build date. The owner even added attic space for storage and an additional storage installed under stairs. A French drain was added in the back of the home to keep water out of the screened lanai. Brand new window treatments throughout which can open from top to bottom or bottom to top. Monthly fees include recreational items along with water, sewer, trash and exterior maintenance. Located near to A+ schools, and just a short drive away from the luxury Wiregrass Shopping Center. Wesley Chapel is growing Tampa suburb with tons to and attracting the best restaurants and shopping around. You will enjoy this prime location and quality renovations for years to come!
You may be able to put down less than the total down payment amount of $35,823 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #t3552692