24231 Satinwood Ct, Lutz, FL 33559
5 beds · 3 baths · 2,027 sqft

Get a free consultation call with an expert in the mortgage assumption process.
This cozy Cape Cod-style home boasts 5 bedrooms and a computer loft, offering a perfect blend of charm and modern updates. From the quaint front porch to the large, fenced backyard, this stunning home is a must-see. The formal living and dining rooms feature updated vinyl plank flooring and a large front window that fills the space with natural light. The kitchen has been beautifully updated with stainless steel appliances, cabinets, and sleek granite countertops. A bay window with an inviting window seat and a closet pantry add to the charm. The versatile floor plan includes a family room or dining area near the kitchen, with double sliding doors leading to a covered patio perfect for BBQs with friends and family. The main level also includes a laundry area and a convenient updated half bath. The primary bedroom, located on the main level, offers a tray ceiling, a bay window with a window seat, a large walk-in closet, and an en-suite bath with a garden soaking tub and updated dual sink vanity. Upstairs, you'll find four additional bedrooms with plush carpeting, as well as a loft office/den ideal for a computer room or shared play area. The full bath on the second level has also been renovated with a new vanity and solid surface countertops. A few updates to know, the airducts were cleaned in 2023, new water heater in 2024, new dishwasher in January 2025, the A/C has two blue lights. The oversized backyard has room for a pool and currently has many fruit trees including, mango, Meyer lemon, loquat, mulberry, elderberry and banana plants! This home is located in a community with low association dues of just $223 per year and no costly CDDs. It offers easy access to the I-75/I-275 interchange, a local elementary school, and great shopping and dining at the Premium Outlets. This home is ready for you to move in and make it your own!
Source: STELLAR #TB8371212
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8371212
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
