19330 Twiggs St, Land O Lakes, FL 34638
3 beds · 2 baths · 1,488 sqft
Under contract-accepting backup offers. Home sweet home! This charming 3-bedroom, 2-bathroom home offers 1,488 square feet of comfortable living space, nestled on a generous (.47-acre conservation lot) in Land O' Lakes. ZONED FOR TOP RATED SCHOOLS! With an open floor plan and tranquil views, this home provides the perfect setting for both relaxing and entertaining. Whether you're hosting gatherings, gardening, or enjoying outdoor activities, there’s plenty of space for it all! The home features a cozy screened-in front porch, a spacious living room, and a kitchen that boasts abundant countertop space and cabinetry for all your storage needs. The split-bedroom floor plan ensures privacy and comfort for everyone. The large primary bedroom offers a walk-in closet and a luxurious ensuite bathroom with a garden tub, separate stand-up shower, and double vanity with ample storage. The additional bedrooms are roomy and come with great closet space. Convenient indoor laundry room featuring a washer and dryer, plus a spacious deep freezer, perfect for all your storage needs! Step outside to enjoy the sparkling 15-foot round swimming pool, surrounded by a 20-foot extended wood deck with a peaceful water view. The screened-in back porch is perfect for relaxing, while the backyard features a playset, a storage shed, raised garden beds, and a variety of fruit trees. You can even fish from your own backyard! There’s also a gravel parking pad with septic and electric hookups, ideal for RV parking. With plenty of extra space to park your boat and store your toys as well! This home offers quick access to major routes like US 41, SR 52, SR 54, and the Suncoast Parkway! Just minutes from the grocery store, shopping centers, dining, nearby medical facilities, parks, and more! Come and experience all the warmth, charm, and nature this home has to offer. Call today to schedule your private tour!
Source: STELLAR #TB8357721
Source: STELLAR #TB8357721
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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 “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.
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 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.