18135 Canal Pointe St, Tampa, FL 33647
4 beds · 3 baths · 1,916 sqft sqft
Imagine living in this highly sought after, gated community of Heritage Isles, where privacy and resort style living converge. This meticulously maintained 4-bedroom, 2.5 bathroom, 2-car garage home with many upgrades in the bathrooms and floors. Step inside to discover the warmth of new tiles on the first floor and bamboo stairs going to the second floor, creating an inviting atmosphere for both relaxation and entertainment. The open-concept layout seamlessly connects the living, dining, and kitchen areas, perfect for hosting gatherings or simply enjoying quality time with the family. On the second floor you will retreat to the spacious master bedroom on the back of the home with the golf course and pond view, offering privacy and tranquility, with a convenient walk-in closet. You will also find three additional bedrooms situated at the front of the home provide versatility for guests, a home office, or hobbies. This home comes equipped with an electric vehicle charging station and water softener in the garage. You'll love enjoying the views of two beautiful pond from your covered back porch. Outside, indulge in the resort lifestyle community where amenities abound. From the golf course to the clubhouse, playground, olympic pool, fun water slide and kiddie pool, there's something for everyone to enjoy. Stay active with tennis, basketball, and a fitness center. Conveniently located close to shopping centers, VA facilities, the University of South Florida (USF), hospitals, the highway, and a variety of dining option. Whether you're seeking leisure or practicality, this home delivers on all fronts.
Source: STELLAR #t3541712
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3541712
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: #t3541712
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.