30989 SUMMER SUN LOOP, Wesley Chapel, FL 33545
MOTIVATED SELLER OFFERING $5,000 TOWARDS BUYERS CLOSING COSTS PLUS A ONE YEAR HOME WARRANTY. Welcome to RESORT STYLE LIVING. As you enter the secured gated community of EPPERSON RANCH, rest assured, you will feel the comfort and relaxation of a lifelong vacation. This pristine home engulfs The coastal Florida feel, with lots of Natural light. This elegant single family home sits on a peaceful tree-lined street with beautiful manicured landscaping. Upon entrance, you are warmly greeted with a bright and open floor plan seamlessly connecting the kitchen to the family and dining area. There is a separate flex room that can be used as a private office, gym, or just a peaceful space to enjoy a book with your morning beverages. Enjoy cooking dinner in the spacious kitchen with wood cabinets, an oversized pantry, double sink, stainless steel LG appliances, Granite countertops and a conversation Island to enjoy family laughs. Too much to eat or drink after the family movie? No worries, There is a bedroom and a full sized bathroom on the main level. Upstairs can be your hideaway, with a separate loft area, a large owner’s suite, featuring an oversized shower, dual sinks, and a walk in closet. There are three additional bedrooms upstairs, a full sized bathroom and a separate laundry room. The backyard is enclosed with a privacy fence for family BBQ’s, sunbathing or gardening. There is plenty of space to install a pool, or you can choose to get into your golf cart and ride down to the 7.5 acre lagoon offering swimming, water sports, water slides, stand-up paddle boarding, and tiki bars. Reserve a private cabana for your special occasion or just a Sunday by the water. The neighborhood is very walkable with sidewalks, a playground, dog park, and beautiful trail where you can observe butterflies and Florida native birds. This area has become the place to be, with new shops, outlets for designer shopping, Krates at the Grove, offering a line of small businesses and a diverse cultural food experience and nightly entertainment. Why wait for new construction when this home has all the extra touches and is move-in ready? Schedule your showing today.
You may be able to put down less than the total down payment amount of $208,133 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
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?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #t3531236
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.