16012 GOLDEN LAKES DR, Wimauma, FL 33598
Your paradise awaits! This is the popular Florence model located in Beautiful, Gated, Valencia Lakes, Florida’s premier community. The Amazing upgrades on this freshly painted (inside and out - April 2024), beautifully maintained open floor plan includes: - Extended brick paver driveway and entry - Diamond laid oversized ceramic tile flooring - Formal dining room - Great room - Solid wood cabinets kitchen cabinets with topped crown molding, granite counters, stone backsplash - New stainless-steel appliances (outdoor vented stove/oven) - Breakfast nook - Crown molding was added to the entire house in May 2024. - Primary bedroom has tray ceilings, huge closets, and lanai sliders - Primary bath with separated dual sinks with granite topped vanities, a garden tub and separate walk-in large shower. - 3rd bedroom with French doors and laminate flooring for use as a den/office if desired. - Extended, fully covered and screened lanai with pavers and ceiling fans - Air conditioning system and hot water heater installed new in 2020. - Upgraded light fixtures and ceiling fans throughout. - Covered entrance - Ceiling fans throughout - Water softening system - Outside fenced run adjacent to the lanai with pet door. - Yard maintenance, mowing and irrigation, cable TV and high-speed internet are provided You will have nothing left to do but move in and enjoy! Just a stone's throw to the renovated 40,000 sq. ft clubhouse and lifestyle center that includes: 3 separate pools (resort, resistance, and lap pool), outdoor spa, sauna and steam rooms in each locker room, bistro area (being renovated to bring in professional restaurant services), ball room, state of the art fitness center, tennis courts, pickle ball, bocce, softball, shuffleboard, basketball, recreation paths, RV and Boat storage lot on premises, clubs, crafts and much more! Also, a Veterans Memorial Park, called the Circle of Honor. Located close to shopping, restaurants, hospital and everything you need only minutes away.
You may be able to put down less than the total down payment amount of $168,193 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: #tb8302176