15626 Aurora Lake Cir, Wimauma, FL 33598
2 beds · 2 baths · 1,541 sqft
Located minutes from walking paths, clubhouse, all amenities and the big lake, this one-of-a-kind 2-bedroom, 2 full bath and 2 car attached garage Isabella Grande model with a great curb appeal is loaded with upgrades and custom features. Manicured front yard and walkway leading to the house is a true tropical plants and flowers paradise. As you walk through the 8 ft. front door, you will notice an open floor plan with 9 ft. tall ceilings and abundance of natural light. Ceramic tile floors in the main areas are diagonally installed. There is also a ceramic floor in both bedrooms and closets (there is no carpeting in this home). The large gourmet kitchen has granite countertops and tastefully matched travertine backsplash. The raised serving bar is extended by 18” for additional seating. Breakfast area in the kitchen has plenty of space for informal dining. Upgraded GE stainless steel appliances including a microwave, dishwasher, double door refrigerator, and almost new KitchenAid double convection oven. 42" top quality wood cabinets with crown molding have over/under cabinet lighting, cabinet pantry and a glass double door insert in one upper cabinet segment. PLEASE NOTE A LARGE SEPARATE DINING ROOM THAT CAN COMFORTABLY ACCOMODATE BIG FAMILY/FRIENDS' GATHERINGS. Spacious living room has a triple 8 ft. sliding door leading to the private screened lanai overlooking a serene private sanctuary with mature blooming trees and plants attracting birds! The primary bedroom features a huge walk-in closet, ensuite bathroom with a double vanity and drawers and walk-in shower with extended floor to ceiling tiles, decorative listello and grab bars. All light fixtures and fans are updated including recessed lighting in the kitchen, living room, primary bedroom, lanai and pendant lights in the kitchen. The roof was recently softly power washed. HVAC has been professionally serviced and has been regularly maintained. There is a whole house filtration system installed, as well as Nutrasoft no-salt softener system. A state-of-the-art ADT monitored alarm system is included in the HOA fees. Selected furniture is available for purchase. THE SELLER WILL COVER THE BUYER'S ONE-TIME CONTRIBUTION FUND FEE OF $1,740 AT CLOSING. Valencia Lakes is a 55 and better active adult golf cart community. 40 acre waterfront outdoor recreation area with resort-style heated pool, lap and resistance pool, 40,000 sq. ft. clubhouse, deluxe Bistro is to come soon, arts and crafts studio, har-tru tennis courts, fitness center, half-court basketball, pickleball and bocce courts, dog park, baseball park, community garden, hundreds of clubs and activities, RV/boat storage area. Over 100 acres set aside as nature preserves; enjoy the quiet and solitude of peaceful views, birds & wildlife by the water. More than 3 miles of bike and walking paths. Great sense of community with great friendly neighbors. Please call for a private showing and experience this wonderful community for yourself. Tampa, St. Pete and Sarasota 30-45 minutes away. Close to the airport, medical facilities, shopping and golf.
Source: STELLAR #TB8301064
Financials
Source: Public records
Source: STELLAR #TB8301064
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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