1526 CASSIUS ST, Lutz, FL 33549
Welcome home to this IMMACULATE 3-bedroom 2.5 bath townhome in the desirable Lutz townhome gated community of Willow Square. Nestled on a conservation preserve homesite with tranquil views of nature. This home features an open great room floor plan with crown molding throughout. The kitchen has modern cabinet hardware, white staggered height cabinets, stainless steel sink with a breakfast bar overlooking the great room. The dining area adjoins the kitchen with a sliding glass door leading you to the screened lanai where you can enjoy and experience the peaceful nature preserve. On the 2nd floor you will find a versatile central loft or flex area to use as you wish. The primary bedroom is extremely spacious with a large walk-in closet and has ample room for a sitting area. The primary bath has double sinks, and a shower with dual shower heads and handheld sprayer. The laundry room is conveniently located on the 2nd floor with all the bedrooms. Willow Square is conveniently located to all of today’s modern conveniences and surrounded by nature preserves with sidewalks, parks, community pool, and cabana. This home is MOVE-In ready. Call today to schedule a tour of this beautiful townhome.
You may be able to put down less than the total down payment amount of $121,046 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: #u8246075