3140 Lema Dr, Spring Hill, FL 34609
5 beds · 3 baths · 2,822 sqft sqft
***NEW ROOF 2024*** - ***DRAIN FIELD 2024*** - Welcome to 3140 LEMA DR, SPRING HILL, FL 34609! This exceptional residential property is a true gem, offering a wealth of features that make it a dream home for any discerning buyer. Boasting 5 bedrooms and 2 1/2 bathrooms, this property is designed with both comfort and style in mind. Upon entering, you are immediately struck by the spacious open area that includes a dining room large enough to accommodate all your friends and family. A half bath and a generously sized bedroom, perfect for guests, a game room, or an office, is conveniently located off to the side. The kitchen is a standout feature of this home, with its expansive layout and high-end finishes. Quartz countertops, an island, TWO pantries, a farm sink, stainless steel appliances, and beautifully two-toned cabinets create a space that is as functional as it is stylish. The living room is a cozy retreat, featuring vinyl plank flooring, ceiling fans, and sliding doors that open up to a delightful patio area. Upstairs, the master bedroom awaits, complete with a large barn door that leads to a luxurious bathroom featuring a tub, dual sinks, his and her closets, and a separate enclosed shower and toilet. The remaining three bedrooms are spacious and the second full bath offers dual sinks and a tub/shower combination. Outside, you'll find a pergola, shed, and a fenced backyard, perfect for outdoor entertaining and relaxation. Centrally located near shopping, restaurants, schools, the ocean, and springs, this property offers a convenient and vibrant lifestyle. Don't miss out on the opportunity to make this stunning property your own and schedule a showing today! ***WE CANNOT ACCEPT FHA LOANS UNTIL SEPTEMBER 3rd***
Source: STELLAR #t3540980
Source: STELLAR #t3540980
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.
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: #t3540980