31363 SUN KETTLE LOOP, Wesley Chapel, FL 33545
Charming, eco-friendly 4-bedroom family home in a prime location. Welcome to your dream home! This beautifully maintained 4-bedroom, 2.5-bathroom house offers the perfect blend of comfort and space. Located in the Epperson community in Wesley Chapel, this home features a spacious open floor plan, kitchen granite countertops, and stainless steel appliances. The living room is filled with natural light, creating a warm and inviting atmosphere, perfect for family gatherings. Step outside to a large, private backyard ideal for entertaining or simply enjoying a peaceful morning coffee. This home is equipped with an advanced solar panel system, significantly reducing electricity bills and your carbon footprint. Enjoy the peace of mind that comes with sustainable living while saving money on energy costs. Plenty of space for 2 vehicles and additional storage. Located near top-rated schools, parks, and shopping centers. Easy access to major highways for convenient commuting. Quiet, safe, and friendly neighborhood. This eco-friendly home is perfect for anyone looking to reduce their environmental impact while enjoying all the modern comforts. Overpass Road exit off I75 is nearby making Tampa easily accessible. The Crystal lagoon, Tampa Outlet Mall, the Shops and the Krate are minutes away. Don't miss out on this rare opportunity to own a home that checks all the boxes. Schedule your private showing today!
You may be able to put down less than the total down payment amount of $198,861 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: #t3551322