VA loan
1 of 31
VA loan
$425,000

3010 W Van Buren Dr, Tampa, FL 33611

3 beds · 2 baths · 1,137 sqft sqft

NO FLOODING FROM HELENE OR MILTON! Welcome to this stunning 3-bedroom, 2-bathroom home situated on a peaceful cul-de-sac in Tampa, Florida. Upon arrival, you're greeted by a charming water feature at the front door, setting a welcoming tone. This beautifully remodeled home boasts modern updates throughout, including sleek bathrooms and a kitchen equipped with stainless steel appliances, custom cabinetry, and quartz countertops. The interior is filled with natural light, making every room feel bright and airy. The spacious master suite is a true retreat, complete with its own ensuite bathroom. The smartly designed split floor plan provides ample space for relaxation and entertainment, with two additional bedrooms and a full bath on the opposite side of the home. And, for added convenience, an indoor laundry space ensures that household chores are a breeze. Step outside to a fully fenced backyard oasis, perfect for hosting gatherings and making memories with family and friends. The large deck is equipped with sun shade canopies, providing a comfortable outdoor living space that's perfect for relaxation or entertaining. Additional storage solutions ensure that you have ample space for all your outdoor gear and tools. Located in a highly sought-after area, this home is zoned for the esteemed A-rated schools of Ballast Point Elementary and Robinson High School. Enjoy the scenic drive along Bayshore Boulevard and explore the beautiful Ballast Point Park, just 2 miles away, with its fishing pier, boat ramp, picnic spots, splash pad, playground and Joe Abrahams Fitness & Wellness Center. Less than a mile away is Gadsden Park, featuring sports fields, walking trails, a playground and a dog area for your furry friends. For those who love the outdoors, the proximity to MacDill Air Force Base, Bay Palms Golf Complex, and Picnic Island Park offers endless opportunities for golfing, fishing, boating, and beach outings. The location of just mere blocks from the gates of MacDill Air Force Base opens ups tons of opportunities for military families and those visiting them. And with downtown Tampa just 20 minutes away, you'll have access to all the city has to offer. Don't miss the opportunity to make this hidden gem in South Tampa your own. Schedule your private tour today and experience the best of Tampa living!

Interest rate 3
3.5%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$827
With Roam
$1,168
Reduce your monthly payments by $340 when you assume this mortgage.
You also save $102,255 in total interest paid.

$259,670
Edit

You may be able to put down less than the total down payment amount of $259,670 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Details
Home
Size
1,137 sqft
Lot size
0.15 acres
Year built
1952
Type
Single Family Residence

Source: STELLAR #t3528815

Loan
Remaining term
25 years
Rate
3.5%
Monthly P&I
$827
Remaining loan balance
$165,329

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

expand content

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.

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Last updated: Oct 30, 2024 06:01 pm
Listing agent: Angie Alstott (813) 491-8522
Listing provided courtesy of: IMPACT REALTY TAMPA BAY (813) 321-1200
Details provided by STELLAR and may not match the public record.
MLS ID: #t3528815
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2024 MLS GRID. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$827/mo
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