16230 Silent Sands Ln, Odessa, FL 33556
5 beds · 3 baths · 2,447 sqft
ASSUMABLE VA loan available for VA Eligible and Qualified buyers with an INTEREST RATE of 2.875%!!! This beautifully upgraded 5-bedroom, 3-bathroom home sits on a prime corner lot and boasts a fully fenced oversized backyard with extended pavers and solar panels, perfect for modern living and entertaining. As you walk in, you're greeted by luxury vinyl plank floors that lead into the open living space. The standout kitchen features upgraded white shaker cabinets, some with glass doors, quartz countertops, a shiplap-accented island, designer backsplash, farmhouse sink and sleek dark appliances. Even the pantry door has been upgraded to complete the look. Off the kitchen is a dining room that opens seamlessly into the living room, where upgraded French doors provide access to the expansive, fenced-in backyard. Step outside to enjoy the extended pavers, firepit, and ample yard space—ideal for gatherings and relaxation. The first floor also includes a bedroom and a full bathroom just steps away. Upstairs, the luxury vinyl plank flooring continues throughout, except for the tiled laundry room and bathrooms. At the top of the stairs, you'll find a loft area, followed by three generously sized secondary bedrooms and a full bathroom with double sinks and a shower/tub combo. The large primary suite offers a walk-in closet, an en suite bathroom with double sinks, and a walk-in shower. This meticulously maintained home also features solar panels, providing energy efficiency and reducing utility costs. The Preserve, built exclusively by DR Horton, features over 1000 homes and offers fantastic amenities such as two community pools, a clubhouse, a fitness center, playground, sports fields and direct access to the 42-mile Suncoast Trail. Its prime location on State Road 54 in Odessa ensures quick access to the Suncoast Parkway, making commutes to Tampa easy, and provides convenience with nearby shops, restaurants, and services. Don’t miss out on this opportunity! Don't miss the chance to own this upgraded gem with modern touches and spacious outdoor living!
Source: STELLAR #tb8309082
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8309082
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
MLS ID: #tb8309082
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.