16412 Bridgelawn Ave, Lithia, FL 33547
5 beds · 2 baths · 2,655 sqft
Under contract-accepting backup offers. FISHHAWK POOL HOME – Situated on a spacious 1/4-acre pie-shaped lot at the end of a quiet cul-de-sac with no rear neighbors, this beautifully maintained 5-bedroom home is Cardel’s sought-after “Starling” floor plan. Offering a formal dining area, a dedicated office space, and a large, versatile 16x12 upstairs room with closet, use as a bedroom, or bonus room! This turn-key residence is loaded with upgrades and contemporary architectural details that make it truly stand out. Step inside and be greeted by soaring vaulted ceilings, rounded drywall corners, and abundant natural light. The open-concept kitchen is a chef’s delight, featuring granite countertops, stainless steel appliances, 42” Honey Maple Glazed cabinets with crown molding, a center island, and a built-in desk. The warm, neutral tones throughout the home, accented by 5 1/4" baseboards, provide a welcoming ambiance, while the meticulous care and attention to detail make it feel like a model home. The home is adorned with premium finishes, including plantation shutters, tile flooring in key areas, and stunning real oak hardwood floors throughout the main living spaces. The master bathroom offers a luxurious retreat with a garden tub, a spacious Roman walk-in shower with accent tile, and upgraded fixtures in both bathrooms. Outside, enjoy the Florida lifestyle with your private pool and spa with paver deck and beautiful custom tiles, surrounded by a lushly landscaped yard and a reclaimed water sprinkler system to keep it green. Located in the heart of Fishhawk Ranch, you’re just a short walk or bike ride away from resort-style pools, top-rated on-site schools, Park Square’s vibrant shops and restaurants, 30 miles of paved nature trails, fitness centers, and all of Fishhawk’s world-class amenities. This immaculate home is ready for its new owners.
Source: STELLAR #tb8308460
Source: STELLAR #tb8308460
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: #tb8308460
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.