15456 LONG CYPRESS DR, Ruskin, FL 33573
Welcome home to this spacious house in the beautiful Cypress Creek community! This 5-bedroom, 3-bathroom, 2-story charmer boasts over 2700 square feet of well-designed living space. Walk into the living room/dining combination area that is bathed in natural light through the windows and sliding doors that lead out to the covered patio and the back yard. You’ll enjoy the gorgeous kitchen’s wooden 42” cabinets, cooking island, granite counters, pantry, and eat-in breakfast bar, and especially how it opens up into the roomy family room. Head up the stairs to the open flexible loft area that can accommodate many uses. Don’t miss the generously-sized primary bedroom suite, with its large walk-in closet and en suite bathroom that has dual sinks, a tub and a walk-in shower. You’ll have plenty of space for family and guests with 4 additional nice-sized bedrooms (one of which is currently styled as an office). You don’t have to walk far for the laundry room, and it is conveniently situated upstairs near the bedrooms. The quarterly HOA fees are low. You’ll have access to a beautiful community pool, recreation center, and sport courts. Don't miss your chance to make his home yours! Schedule a showing today.
You may be able to put down less than the total down payment amount of $119,801 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: #t3484906