13202 GRAHAM YARDEN DR, Riverview, FL 33579
Large 4 bedroom, 3 bathroom split floor plan, 3 car split garage, 1-story home with two driveways on a fenced corner lot located in the highly sought-after South Fork community and close to major highways US-301, I-75, and US-41. As you walk in, you are greeted by a large room on the left that can be used as a formal dining room, living room, or whatever you like. To the right is the hallway leading to 3 of the 4 nicely sized bedrooms, bathroom, laundry room, and garage. No carpeting! Continuing further into the home is the huge open-concept kitchen/dining/living room. The kitchen has granite countertops, 42" wood cabinets, a large island with barstool seating, and a pantry. The spacious living room has sliding glass doors leading to the screened patio and fenced back yard as well as a full "pool" bathroom with a walk-in shower and access door to the patio. The primary bedroom and en suite bathroom are located at the rear of the home for privacy. The primary bedroom has TWO walk-in closets, and the en suite bathroom has a granite countertop dual sink vanity, garden tub, and separate walk-in shower. This home sits on a beautifully landscaped corner lot, has a screened rear patio, and a fenced backyard for your enjoyment and privacy. The split garage concept offers a lot of flexibility as the 3rd bay can be used as a home gym or an extra storage area. The South Fork community amenities include a pool with covered seating, restrooms, a dog park, a playground, and a basketball court, ensuring a vibrant and fulfilling lifestyle for all residents. Enjoy the numerous shopping and dining options nearby, as well as medical offices and St. Joseph's Hospital. This location is close to major highways, US-301, US-41, and I-75, to get to work, school, world-class beaches, sporting events, concerts, and more. Schedule a personal tour today and envision the next chapter of your life in beautiful Riverview, FL.
You may be able to put down less than the total down payment amount of $188,430 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: #tb8303587