2904 Lewis Rd, Dover, FL 33527
3 beds · 2 baths · 2,042 sqft
Charming 3-Bedroom Home with Spacious Living Areas on Over an Acre Discover the perfect blend of country serenity and modern convenience in this spacious 3-bedroom, 2-bathroom home, over 2,000 square feet of living space. Nestled on just over an acre, this property offers ample room to enjoy outdoor living while being minutes from shopping centers and the Brandon Mall. The heart of the home is the beautifully updated kitchen, featuring granite countertops and plenty of cabinet space, perfect for home-cooked meals and entertaining. The large primary suite is a true retreat, complete with a walk-in closet and an en suite bathroom. One of the standout features of this home is the versatile third bedroom, which already has a private entry. This space offers the potential to be converted into a convenient in-law suite, providing additional privacy and independence for extended family or guests. Located in a quiet, family-friendly neighborhood, this home is within walking distance to the local elementary school, making it ideal for families. The property backs up to serene farmland, offering peaceful views and a true sense of rural living. A brand new roof will be installed prior to closing, providing peace of mind for years to come. Experience the best of both worlds—country living with easy access to all the amenities you need. Don’t miss the opportunity to make this your dream home!
Source: STELLAR #t3549350
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3549350
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: #t3549350
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.