16934 Oval Rum Dr, Wimauma, FL 33598
4 beds · 3 baths · 2,035 sqft
Come Explore This Stunning 4 Bedroom 2.5 Bathroom Home in the Gated SOUTHSHORE BAY LAGOON COMMUNITY. The Lantana floor plan is sure to Impress with all of the many upgrades. As you walk through the Spacious Entryway into the Open Floor Plan, The Kitchen boasts Beautiful White Wood Cabinets, Gorgeous Granite Counters, Ample Recessed Lighting and Ceramic Tile Floors. Walk through the Sliding Doors into the Large Covered/Screened Back Porch and into your BACKYARD OASIS, featuring PAVERS and LUSH LANDSCAPING that will be Great for Relaxing or Entertaining. The Spacious Master Bedroom features a Beautiful Tray Ceiling with 2 Walk-In Closets and an En-Suite with Wood Cabinets, Gorgeous Granite Counters, Dual Sinks, a Tub to Soak in, a Separate Glass Shower and Toilet Room. There are 3 additional expansive bedrooms. The home also has a WATER SOFTENER System. There is also a ring doorbell camera and security panel ready for you to activate as well. CABLE AND INTERNET ARE INCLUDED IN THE HOA FEE. The 5 ACRE CRYSTAL LAGOON offers many Activities such as Kayaks, Paddleboards, Water Slide, Bouncy Obstacle Course, Swim up Bar, Volleyball and Floating Cabanas. The Community Amenities consist of a Dog Park, Walking-Nature Trails, ULTRA-FI Internet, and Golf Cart Paths. There are also WEEKLY and HOLIDAY COMMUNITY EVENTS that the Whole Family can Enjoy. Vacation Where You Live!!! Minutes to I75, Shopping such as Publix, Walmart, McDonalds, Wawa, China Chen, Subway etc (all are within steps from your front door), Entertainment, Beaches and more. At the Entrance of the Community you will find Wimauma Community Health Center Office and A new Plaza where you will find many treats from Dunkin Donuts, Kosher Kaddy, Nail Salon, Dominos Pizza, La Michoacana Ice Cream Shop, Sushi, and more to come soon. There is a one-time Lagoon contribution fee of $2,150 !
Source: STELLAR #TB8367631
Send questions to support@withroam.com
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Rates and payments are estimates based on public records.
Source: Public records
Source: STELLAR #TB8367631
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.