2516 Roberta St, Largo, FL 33771
3 beds · 2 baths · 1,944 sqft
Welcome to your dream home in the charming Kenne Groves neighborhood—a move-in-ready oasis with no HOA! This spacious 3-bedroom, 2-bathroom home, complete with a bonus room and 2-car garage, offers the perfect blend of comfort, style, and convenience. Enjoy sunny days lounging by the 15,000-gallon screened-in pool, perfect for laps and heated by one of two solar panel systems—keeping energy costs low and pool days long! The main bedroom serves as a peaceful retreat, featuring an en-suite bathroom and sliding glass door with direct pool access, allowing for a seamless morning dip or a quiet evening by the water. The home’s design brings the outdoors in with three sets of sliding glass doors opening to the pool area, making it ideal for gatherings, weekend BBQs, or quiet evenings by the pool. Inside, you’ll find a spacious bonus room that could be used as a home office, gym, or extra guest space, adding flexibility to the layout. The separate laundry room provides added convenience, keeping your daily routine streamlined. Located near John S. Taylor Park and Largo Central Park, outdoor enthusiasts will love the quick access to walking trails, playgrounds, and beautiful green spaces. With a second solar panel set up for the hot water heater, this eco-friendly home is as energy-efficient as it is beautiful. Don’t miss this exceptional opportunity in a welcoming, established neighborhood. Schedule your tour today and start envisioning your future here! No damage or flooding to the property. Not in a flood zone.
Source: STELLAR #TB8319201
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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
Source: STELLAR #TB8319201
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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 “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.
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 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.