16462 COURTYARD LOOP, Land O Lakes, FL 34638
Ready to live your best Florida life? More photos coming soon. Welcome home to the award-winning community of Bexley. This immaculately maintained 3 car garage Kingfisher Model Built by Westbay in 2019, it is better than new and shows like a model, it is a rare find. The two-story home has a dining room or office that can easily be converted to a fifth bedroom if needed. The flow of the grand room, breakfast area and kitchen are an entertainer’s dream. All 4 bedrooms are located upstairs along with a loft. The Primary Bedroom has a large en-suite along with a walk-in closet that is so big, it is what dreams are made of. Let’s talk about the kitchen: Quartz countertops, upgraded light fixtures, beautiful backsplash, not to mention gas stove for the home chef’s enjoyment. And an oversized pantry for all the snacks. The Custom woodwork and walls, plantation shutters and smart lighting throughout throughout make this home like no other. With a fully fenced oversized yard and custom upgrades throughout, this home is a MUST SEE! It’s as stunning inside as out. This award-winning community features 2 resort style pools, a lap pool, splash pad, miles of trails for fitness and multiple parks, including one right by the house. It is an outdoor enthusiast dream come true. Be sure to visit Club Bexley and take a drive around the community when you visit the home. This home is not in a Flood Zone or Evacuation zone. It does come with Hurricane Shutters. Being built in 2019, WestBay provides a 10-year transferable warranty for this home. Easy access to Fred Howard park with Gulf Access and other Gulf Beaches, Tampa International Airport, Raymond James Stadium, home to the Tampa Bay Buccaneers and Amalie Arena, home to the Tampa Bay Lightning. As well as I-75, 589 and Dale Mabry Highway. Zoned for A Rated Land O Lakes Schools: Sunlake High School, Charles S. Rushe Middle School & Bexley Elementary School, as well as various Charter and other school options. Reach out today to set-up your private showing.
You may be able to put down less than the total down payment amount of $406,936 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: #tb8304440