18801 Chaville Rd, Lutz, FL 33558
5 beds · 4 baths · 3,570 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to your dream home in the sought after luxury golfing community of Cheval. This stunning 2-story pool home with 10 foot ceilings has 5 Bedrooms, 4 full Bathrooms, a Bonus Room, an Office and a 3 car garage. Relax in the first floor primary bedroom suite with its spa-like bathroom featuring a walk-in shower, dual vanities, and a separate soaking tub. Enjoy the tranquil views of the wooded conservation area behind the home. The home features beautiful hard wood flooring throughout and lots of natural sunlight all through the home. There are three additional bedrooms upstairs and a large Bonus room that can also be used as a bedroom, play room, or office - you decide. There is an additional bedroom downstairs near the primary suite that can also be used as a nursery or office. The home has been freshly painted and the bathrooms were recently remodeled. The kitchen features granite countertops, wood cabinets, a walk-in pantry, and stainless-steel appliances, gas stove. The kitchen and family room are all open plan, for easy entertaining. There is a separate dining room that can be used for dining or can serve as a play room or office. As one enters the home, they are greeted by a stunning living room which overlooks the screened in lanai and pool, and which can also be a family room - the choices are endless! Access the community through one of its 3 guard-gated entrances, staffed 24/7. Cheval offers easy access to two 18 hole golf courses, the semi-private Cheval Golf Club & TPC of Tampa Bay, as well as restaurants, The Tavern at Cheval & The Grill at TPC. Membership to the Cheval Athletic Club provides access to the heated community pool, fitness center, tennis courts, pickleball court & more. Located in the highly A rated school district of McKittrick Elementary, Martinez Middle, and Steinbrenner High School. Cheval is located in the heart of Lutz, close to restaurants, grocery stores, hospitals, the Veterans Expressway for easy access to downtown Tampa, the airport and beaches. Call today to schedule a private showing!
Source: STELLAR #TB8371030
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8371030
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.