19907 Tattnall Way, Brooksville, FL 34601
3 beds · 3 baths · 2,342 sqft
Welcome to the Cascades at Southern Hills. When you drive though the Gate leading into the Cascades, you are greeted with a Oak-Lined Road leading to a private and secluded drive to this beautiful 3 Bedroom 3 Bath 2-Year Old Home located on a peaceful Pond. When you step inside this immaculately maintained home, you will automatically discover how open and welcoming it feels as you walk past the Formal Dining Room into the Large Living Space with Surround Sound and inset Tray-Ceilings leading to the open kitchen with a European Style accompaniments such as an upgraded GE Café Induction Cooktop and Combination Advatium/Convection Wall Oven. The upgraded Kitchen has a Large Island with Seating Room for Four, Quartz Countertops, oversized all Wood Cabinets with Soft-Close Features. Enjoy the Separate Breakfast Nook while you sit in the custom Window Seat with built-in Storage Drawers. Wake up to views of the pond in the Master Bedroom with a Spacious Bathroom with an oversized Quartz Vanity and Dual Sinks, Marbled-Tile Shower with Separate Rain Shower-Head to wash the day away, and large Walk-In Closet. This home has upgrades throughout with, Crown Molding, Luxury Wood-Vinyl Floors, and exterior features such as a Brick-Paver Driveway and Porcelain Pavers on the back Lanai. The Lanai overlooks the Pond and is wired with 220V 40amps circuit that would be perfect for a large Spa/Hot-Tub or outdoor Summer Kitchen. The 3-Car Garage has a newly Epoxy Floor with plenty of Storage Space just in time for those Thanksgiving and Christmas decorations. This 55+ Neighborhood offers a Workout Facility and Clubhouse with a Library and Kitchen, Pickle Ball Courts, Bocce Ball Courts, and Olympic Sized Lap Pool. Don't miss the out on the Florida Lifestyle You Deserve!
Source: STELLAR #W7870275
Financials
Source: Public records
Source: STELLAR #W7870275
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.