19708 Lonesome Pine Dr, Land O Lakes, FL 34638
5 beds · 3 baths · 3,374 sqft
One or more photo(s) has been virtually staged. Welcome to this stunning two-story home nestled in the desirable Lakeshore Ranch community, offering a serene and family-friendly environment. The attention to detail exudes in the upgraded landscaping with concrete borders enhancing the curb appeal, embedded architectural lighting and the paved driveway leading to the covered front porch. The open floor plan as you enter the foyer of the home offers a seamlessly flow into the living room, kitchen, breakfast nook and family room great for entertaining. The kitchen has a 2023 refrigerator, pendant lighting over the large kitchen island, stainless steel applaiances,five burner gas range and under mount cabinet lighting. This home is perfect for guest staying over with a spacious bedroom and full bathroom located on the first floor. Head upstairs into a large open loft with the remaining bedrooms and bathrooms. Enter through double doors into the owners retreat where you have two spacious walk in closets, separate shower and soaking tub with dual vanities. Enjoy your morning coffee on the private balcony of the owners retreat. Or you can step outisde into the newly screened in lanai with TV perfect for relaxing or outdoor entertaining. The huge fully fenced yard with plush St. Augustine grass offers privacy with no rear neighors. Enjoy access to a range of amenities, including parks, trails, and recreational facilities, fostering a vibrant and active lifestyle. SELLER MOTIVATED!
Source: STELLAR #t3530338
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3530338
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: #t3530338
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.