18100 Atherstone Trl, Land O Lakes, FL 34638
4 beds · 3 baths · 2,441 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. Discover this beautiful 4 bed, 2.5 bath home with a 2-car garage, located in sought-after community of Concord Station in Land O Lakes, Florida. This home is perfectly designed for comfortable living, as well as entertaining. With high ceilings, a spacious living room and family room, this home offers plenty of room to relax and enjoy. The kitchen features granite countertops, stainless steel appliances, and a separate island for extra prep space, plus a formal dining area with modern lighting fixtures for stylish gatherings. All four bedrooms are conveniently located upstairs, with large bedrooms providing great spaces. The primary suite boasts an ensuite bathroom with a garden tub, stand-alone shower, and dual vanity sinks for added luxury. The laundry room is also conveniently located on the second floor. Step outside to a covered back patio and a huge fenced-in backyard, perfect for outdoor dining or unwinding in privacy. NEW HVAC SYSTEM and NEW WATER HEATER just installed! The Concord Station community boasts several parks and playgrounds, a large, resort style community pool along with a kiddie pool and splash pad, recreational center with workout center, and tons of community activities to enjoy. This home is ideally located near SR 54 and the Suncoast Parkway, offering quick access to Tampa, Clearwater and St Pete, and the local award-winning beaches, nature parks, and all essentials, including new medical facilities, highly rated schools, new restaurants and shopping centers, and numerous recreational activities. Don't miss the chance to make this your next home!
Source: STELLAR #TB8310902
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8310902
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.