1499 Ludington Ave, Wesley Chapel, FL 33543
4 beds · 3 baths · 2,334 sqft
Stunning 4-Bedroom Home with Premium Pond View in Union Park! Welcome to this beautifully maintained 4-bedroom, 2.5-bathroom home, ideally situated in the highly sought-after Union Park community. Nestled on an oversized premium lot with breathtaking pond views, this home offers both elegance and tranquility. Step inside to an inviting open-concept living area, featuring a spacious living room, dining nook, and gourmet kitchen with stunning cabinetry, granite countertops, stainless steel appliances, and a large island with seating—perfect for entertaining. A convenient half bath completes the first floor. Upstairs, you'll find a generous loft area, ideal for a home office or playroom. The luxurious master suite boasts a walk-in closet and a spa-like en-suite bathroom with a double vanity, garden tub, and separate shower. Three additional bedrooms and a full bathroom complete the second floor. Enjoy peaceful mornings or lively gatherings on the covered lanai, overlooking the serene pond view. As a resident of Union Park, you'll have access to top-tier amenities, including a resort-style pool, splash park, playgrounds, dog park, miles of scenic trails, and a state-of-the-art clubhouse with a fitness center and event space. Conveniently located near top-rated schools, shopping, dining, entertainment, and major highways, this home truly has it all. Don’t miss this incredible opportunity—schedule your showing today!
Source: STELLAR #TB8351288
Financials
Source: STELLAR #TB8351288
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.