2629 14th Ave S, Saint Petersburg, FL 33712
4 beds · 2 baths · 1,800 sqft sqft
**For Sale: Spacious 4-Bedroom, 2-Bath Home in St. Petersburg, FL!** 100% financing available for this location.. Welcome to your next home or investment opportunity in beautiful St. Petersburg, Florida! This charming 1,800 sq. ft. residence offers a perfect blend of comfort and potential. Boasting 4 generously sized bedrooms and 2 full baths, this property is ideal for families looking to settle down or investors seeking a promising project. Step inside to find a cozy living room that invites relaxation and family gatherings. The functional kitchen is well-equipped, providing ample space for culinary adventures. Additionally, the home features a versatile office space, perfect for working from home or managing your future rental property. The house comes with two air conditioning units, ensuring that you'll stay cool during Florida's warm months. While the home is move-in ready, it also offers plenty of room for customization—add your personal touch to truly make this space your own. This property is not just a home; it's an opportunity. Whether you're an aspiring landlord looking to generate rental income or a savvy investor ready to dive into your first fix-and-flip project, this home has the potential to meet your needs and exceed your expectations. Located in the heart of St. Petersburg, you'll enjoy easy access to local amenities, schools, parks, and the vibrant downtown area. Don't miss out on the chance to make this property yours—opportunities like this don't come around often!
Source: STELLAR #a4621102
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4621102
Source: Public records
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: #a4621102
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.