208 Elm View Ct, Brandon, FL 33511
3 beds · 3 baths · 2,310 sqft
Welcome to this stunning 3-bedroom, 2.5-bath townhouse with a two-car garage, nestled in the exclusive gated community of Lumsden Reserve. Surrounded by majestic oaks and a serene park-like setting, this home offers the perfect blend of tranquility, luxury, and convenience. This home features a Newer roof installed in 2022, A/C unit and LVP floors installed in 2020, Exterior painted in 2023 and all bedrooms have new carpet installed in 2021! Step through the elegant leaded glass front door into a bright, inviting space where style meets functionality. The spacious kitchen is a chef's dream, featuring an abundance of timeless raised-panel cabinetry, gleaming granite countertops, breakfast bar seating, and updated appliances. The open-concept living area has been thoughtfully upgraded with luxury vinyl flooring, 5 1/4” baseboards, and crown molding, creating a sophisticated yet comfortable ambiance. The dining room, adorned with an arched entry and wood chair rail, serves as a versatile space to meet your needs, exuding classic charm. French doors lead to a shaded backyard oasis, ideal for hosting family and friends. Upstairs, the stunning primary suite offers a true retreat. It easily accommodates a king-sized bed and boasts an impressive walk-in closet for all your storage needs. The ensuite bathroom invites relaxation with its garden tub, separate shower, and dual vanities. Adding to the luxury, the primary suite features a balcony—a perfect spot for morning coffee or evening unwinding. The secondary bedrooms are generously sized, each with walk-in closets to ensure ample space. Beautiful flooring throughout the bedrooms and hallway adds warmth and durability. For added convenience, the laundry room is also located on the second floor. Additional upgrade include a beautifully remodeled stairway with a massive storage closet beneath. This townhouse is situated just minutes from major highways, shopping, and dining and combines luxury, comfort, and convenience. Don't miss your opportunity to own a home in this highly sought-after community! Tour the home virtually with this link: my.matterport.com/show/?m=4kNZBPxPJv7&mls=1
Source: STELLAR #TB8340184
Financials
Source: STELLAR #TB8340184
Source: Public records
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%. 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.
Other resourcesWhat 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.