2111 Roanoke Springs Dr, Ruskin, FL 33570
6 beds · 3 baths · 3,054 sqft
ALERT! PRICE IMPROVEMENT!I f you're looking for space, this home has it all! With 6 bedrooms, 3 bathrooms, a separate living/dining combo, and a family room, there's plenty of room to spread out. The owners have made numerous updates, including new carpet, a refreshed kitchen ,NEW ROOF, water heater ,refrigerator and dishwasher The heart of the home is the expansive kitchen, featuring a center island, ample counter space, and a dining area—plus direct access to the oversized lanai. Upstairs, you'll find 5 of the 6 bedrooms, along with a conveniently located laundry room. The Master with large en-suite and his and her closets offers plenty of room. Also the guest bedroom is conveniently located downstairs with a full bath just outside the door. This home is ideal for family gatherings! Enjoy all the fantastic amenities this community has to offer, including an Olympic-size pool, wading/splash pool, tennis courts, clubhouse, picnic area, two playgrounds, a dog park, and a fitness center. Ideally situated near I-75, Hwy 41, and Hwy 301, this home offers an easy commute to Tampa, Sarasota, St. Petersburg, MacDill Air Force Base, St. Joseph's Hospital South, Amazon Distribution Center, E.G. Simmons Park, shopping, dining, and some of the world's most beautiful beaches! Motivated Sellers! VA Assumable to qualified buyer
Source: STELLAR #TB8350522
Financials
Source: Public records
Source: STELLAR #TB8350522
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.
