14009 TUDOR ST, Spring Hill, FL 34609
Don't miss out on this exquisite home! Recently renovated to perfection, this property boasts a stunning saltwater pool and is nestled on a spacious 1/4-acre lot, ensuring a captivating living experience. With over 2,200 square feet of living space spread across two floors, this home offers generous accommodations for every lifestyle. The first floor welcomes you with a formal dining room, ideal for hosting gatherings, while the gourmet kitchen impresses with its granite countertops, stainless steel appliances, and ample storage space. Adjacent to the kitchen is a cozy breakfast nook, seamlessly flowing into the inviting living room, perfect for entertaining guests. Additionally, a versatile bedroom on the ground floor provides flexibility for use as a guest room or home office, complemented by the convenience of a nearby laundry room. Ascending to the second floor, you'll discover three spacious bedrooms, each flooded with natural light and featuring ample closet space. The primary suite is a true sanctuary, offering a large bedroom, dual closets, a luxurious double vanity, a relaxing garden tub, and a separate tiled shower. Step outside to your own private retreat, complete with a refreshing saltwater pool and a cozy firepit, perfect for enjoying evenings under the stars. The fenced yard provides both privacy and security, making it an ideal space for outdoor relaxation and entertainment. Conveniently located near local schools, this home offers easy access to education options for families. Recent upgrades include a new roof and AC in 2020, as well as a new pool enclosure and solar panels installed just last year. Don't let this opportunity slip away – schedule your showing today and make this dream home yours!
You may be able to put down less than the total down payment amount of $269,353 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: #o6191997