16222 Silent Sands Ln, Odessa, FL 33556
3 beds · 2 baths · 1,516 sqft
Set in The Preserve, one of Odessa’s most sought-after communities, this beautifully designed home offers a modern open-concept layout with thoughtful upgrades and seamless indoor-outdoor living. Offering three bedrooms, two bathrooms, and a two-car garage, this home is a perfect blend of functionality and comfort. Step inside and take in the details! The spacious dining area sets the tone for gatherings, featuring elegant lighting and plenty of space for entertaining. Just beyond, the gourmet kitchen is designed for both style and efficiency, boasting granite countertops, espresso cabinetry, and sleek appliances. The open-concept design allows for effortless flow into the light-filled living room, where sliding glass doors lead to the covered lanai and private fenced backyard—perfect for morning coffee, weekend barbecues, or simply unwinding at the end of the day. The primary suite, tucked away for privacy, offers a spacious retreat with a walk-in closet and en-suite bath featuring dual vanities. Two additional bedrooms provide plenty of space for family, guests, or a home office. Beyond the home, this property is only steps away to the resort-style amenities, including a community pool, parks, playgrounds, scenic walking trails, including access to the Suncoast Trail and top-rated schools nearby. Located next to the Suncoast Pkwy means easy access to commute to Tampa, which is perfect for anyone needing to relocate for military or otherwise. With its prime location also providing easy access to shopping, dining, and major roadways, this home delivers both convenience and tranquility. Don’t miss this opportunity to own in one of Odessa’s most desirable neighborhoods. Schedule your private showing today!
Source: STELLAR #TB8353891
Financials
Source: STELLAR #TB8353891
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.