16716 Mooner Plank Cir, Wimauma, FL 33598
3 beds · 2 baths · 1,869 sqft
Welcome to the Southshore Bay Crystal Lagoon community, where a modern 3-bedroom, 2-bathroom smart home offers the perfect blend of comfort and technology. This stunning residence, built in 2019, features state-of-the-art systems that ensure low maintenance costs and protection against future repairs. Every room is prewired for home security and ethernet, providing both safety and seamless connectivity for your convenience. This energy-efficient home keeps you cool and content throughout the year. The kitchen, with its granite/stone counters, stainless steel appliances, including a French door fridge, and ample counter space, is a chef's dream. The tile backsplash adds a stylish touch, and the view into the living space from the kitchen makes it perfect for entertaining. The master bedroom boasts a large walk-in closet with built-in storage, enhancing its modern appeal. Additionally, the zero-threshold tile shower in the master bathroom is a significant feature for disabled buyers, ensuring accessibility and comfort. The great room opens up to a screened lanai through sliding glass doors, creating an ideal spot to relax with your favorite drink while listening to the birds chirping. The backyard offers privacy, as seen from the aerial view, and the presence of LED lights throughout the home ensures a bright and welcoming atmosphere. Adding to the appeal, a 24-hour security guard stationed at the community gate provides peace of mind. The heart of Southshore Bay is the Crystal Lagoon, a 5-acre aquatic paradise. It features a variety of water sports activities, a swim-up bar, a sandy beach, thrilling water slides, kayaking, and a versatile event pavilion for gatherings. The Southshore Bay Crystal Lagoon community offers a lifestyle that seamlessly blends contemporary living with natural beauty. With its combination of modern amenities and serene surroundings, this home is perfect for anyone looking to enjoy the best of both worlds.
Source: STELLAR #t3540430
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3540430
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: #t3540430
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.