20103 BENDING CREEK PL, Tampa, FL 33647
Welcome to your future home. This charming house, nestled in the sought-after Grand Hampton Community, is not just a home: it's an oasis of comfort and style. Fresh on the market, this residence boasts four cozy bedrooms and two and half bathrooms. Step inside and be greeted with a renovated interior. The ground floor shines with brand new tile. The kitchen features all-new cabinetry, backsplash, granite countertops and a new dishwasher. But it doesn't stop there. The entire downstairs has received a fresh new coat of paint. Added to the mix is a brand-new air-conditioning system to keep you cool as a cucumber during those warm Florida Days along with a new roof. Situated in a community that’s as friendly as it is picturesque, this home is an ideal backdrop for your life's next chapters. Whether you’re enjoying an evening stroll enjoying the surroundings or taking a dip to cool off in the resort style pool, Grand Hampton offers a peaceful retreat from the hustle and bustle. Grand Hampton amenities include: tennis/basketball/pickle ball courts, resort-style heated pool, hot tub, lap pool, a fishing pier, Fitness Center, cabanas, two playgrounds, and more. HOA includes, Internet, lawn maintenance and exterior painting. Conveniently located near top-rated school and shopping centers. Easy access to 1-75/275. Don’t miss the chance to make this house your home.
You may be able to put down less than the total down payment amount of $243,566 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #t3547108