3088 Sire Trl, Lakeland, FL 33811
3 beds · 2 baths · 1,800 sqft
**Seller Motivated** Welcome to this magnificent home located at 3088 Sire Trl in the charming Steeplechase neighborhood. This 1800 square foot residence, recently renovated in July 2024, offers a warm environment for your family. With 3 bedrooms and an additional bonus room that can be used as an office or study, and 2 full bathrooms, this house provides space and comfort for everyone. The entire house has been repainted inside and out, giving it a fresh and modern look. We replaced all the carpets with elegant luxury vinyl flooring, offering durability and a touch of sophistication throughout. Additionally, all the lighting has been updated, creating a brighter and more inviting atmosphere. The main living area features high cathedral ceilings, offering a sense of spaciousness and elegance. The split floor plan provides privacy, with the master bedroom separated from the other rooms. The formal dining room is ideal for special dinners and family gatherings. The master bedroom is spacious, with a luxurious master bathroom that includes a tub and a separate shower. Other amenities include a 2-car garage, an indoor laundry room, and an air conditioning system replaced in 2018, ensuring thermal comfort year-round. Situated in an excellent family-friendly neighborhood, the house is very close to Polk Parkway, providing easy access to I-4. The strategic location allows for convenient mobility, making daily life easier. This residence is more than just a house; it is a home, designed and renovated to offer maximum comfort and style for your family. Come see it in person and fall in love with every detail.
Source: STELLAR #o6224694
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6224694
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: #o6224694
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.