233 St Thomas Dr, Mulberry, FL 33860
4 beds · 3 baths · 2,062 sqft
Under contract-accepting backup offers. LIKE NEW CONSTRUCTION without the wait! $5K credit to buyer's closing costs. VA Assumable loan with a 5.25% Interest Rate! Welcome to your dream home at 233 St Thomas Dr in beautiful Florida! This stunning 4-bedroom, 2.5-bath Shelby Model was built a mere 2 years ago by Highland Homes and offers a perfect blend of modern elegance and functional design. As you step inside, you'll be greeted by gorgeous vinyl flooring that flows seamlessly throughout the entire home, providing a stylish and low-maintenance living environment. The heart of the home is the gourmet kitchen, featuring lovely quartz countertops, a spacious walk-in pantry, and ample cabinetry—ideal for both everyday meals and entertaining guests. The open floor plan extends to a cozy living area that opens up to a serene screened-in lanai. Here, you can enjoy your morning coffee or unwind after a long day while appreciating the peace and privacy of having no rear neighbors. The primary suite is a true retreat, offering generous space, a walk-in closet, and a luxurious en-suite bathroom. The additional three bedrooms are thoughtfully designed, with a convenient Jack & Jill bathroom that ensures comfort and privacy for everyone. Situated in a centrally located neighborhood, this home is perfect for anyone looking for both comfort and style. Don't miss the opportunity to make 233 St Thomas Dr your forever home! **Key Features:** * 4 spacious bedrooms * 2.5 modern baths * Stunning quartz countertops in kitchen and all bathrooms * Large walk-in pantry * Vinyl flooring throughout * Jack & Jill bathroom * Screened-in lanai * No rear neighbors for added privacy * ALL key items only 2 years old Schedule a showing today and experience all that this exceptional home has to offer!
Source: STELLAR #l4944926
Source: STELLAR #l4944926
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: #l4944926
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.