15480 DURANGO CIR, Brooksville, FL 34604
This stunning two-story home in the gated community of Silver Ridge is waiting for you—just bring your belongings! Featuring four bedrooms, 2.5 bathrooms, and a two-car garage, this home offers an open floor plan with beautiful hardwood flooring in the living and dining rooms. The living room is also equipped with surround sound speakers. The kitchen is a chef's dream, complete with quartz countertops, dark wood cabinets, a center island, a pantry, and stainless steel appliances, offering ample storage. Large sliders fill the living space with an abundance of natural light. Upstairs, a cozy loft provides the perfect spot for a reading nook. The spacious master suite includes a huge walk-in closet, while the en suite bathroom features a dual sink vanity and a garden tub. The generous guest bedrooms ensure everyone has a comfortable place to rest. The sliding glass doors in the kitchen open to a very spacious screened lanai with pull-down privacy screens, ideal for enjoying the beautiful Florida weather with your favorite drink in hand. Located in Brooksville, residents are surrounded by state parks, medical facilities, shopping centers, restaurants, and entertainment options. This lovely family home also benefits from being very close to schools, grocery stores, and major highways (including Suncoast Pkwy). Additionally, the HOA now includes wifi and cable through Spectrum. Homeowners can watch premier Tampa sporting events, see global entertainers, visit downtown Tampa, and fly out of Tampa International Airport, all within an hour's drive. With beautiful natural lighting (when it isn't raining!), this home is a must-see. The community also features scenic walking trails, playground, picnic area, and gazebo perfect for social gatherings. Schedule your viewing today before it's gone!
You may be able to put down less than the total down payment amount of $87,504 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: #t3527750