18428 Malinche Loop, Spring Hill, FL 34610
5 beds · 4 baths · 3,155 sqft
Price Improvement! ! Welcome to your dream home, this Talavera treasure! This spacious Barcello Bonus, built by MI Homes in 2020, has everything you need and then some. Featuring 5 bedrooms, 4 bathrooms, 3 car garage, a bonus room upstairs, and a sprawling 3,155 square feet floor plan. You'll immediately notice the attention to detail with the meticulously designed and maintained front landscaping welcoming you as you make your way to enter the home. Upon entry, be impressed by the sleek vinyl plank flooring that runs throughout, including the master bedroom, kitchen and hallways. The kitchen is a real crowd-pleaser with its stylish backsplash, fresh paint, and new light fixtures that practically beg for a dinner party. Head upstairs to find the bonus room, perfect for a game room, man cave, home office, or just a great place to hide when you need a break from the noise downstairs. The 3-car garage isn't just for cars – with its double epoxy-coated floor and an attic pull-down metal ladder leading to extra storage, it’s an enthusiast's dream. Step outside to your spacious, fenced-in yard where you can enjoy the water view while sipping your morning coffee or sipping on a cold one while grilling your favorite cuts of meat. With the completely fenced in yard, you need not worry about the little ones getting out, furry or not! The extended covered patio means you can entertain rain or shine. With a 75-foot lot, just under a quarter acre, you’ve got plenty of outdoor space to entertain and enjoy. Location is key. You’ll have convenient access to SR 52, US 41, and Veterans 589, making your commute a breeze! This home also has you covered with a security system that includes front and back cameras for peace of mind. And let's not forget the Talavera community perks: a basketball court, tennis courts, playground, and a community pool – all with a low HOA fee that won’t break the bank. Don’t miss out on this Talavera treasure. Schedule a showing today and find out why this home is the perfect blend of modern style, comfort, and convenience!
Source: STELLAR #t3542716
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3542716
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: #t3542716
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.