31575 Barrel Wave Way, Wesley Chapel, FL 33545
6 beds · 3 baths · 2,580 sqft
Welcome to the beautiful community of Epperson! Experience the Lagoon life in this like new home! Built in 2022 this home features 6 bedrooms and 3 full bathrooms, it is sure to fit the whole family! The open concept kitchen into living room & dining room space is the perfect space to host your next holiday! With just 1 bedroom on the first floor you can have a guest room separate from the rest of the bedrooms which are all located on the second floor! The master bedroom is huge with a gorgeous en suite bathroom AND walk-in closet! All of the other bedrooms are spacious, making sure everyone has ample room. The backyard is fully fenced in with a view of the pond so you can enjoy your coffee in the morning outside with a view! Enjoy all the amenities Epperson has with the gorgeous 7+ acre lagoon, several playgrounds & golf cart accessibility. With easy access to the highway and just minutes from Publix, Starbucks and so many schools! Look no further, this community is exactly what you've been after! Live the Florida lifestyle in lagoon style!
Source: STELLAR #w7867863
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #w7867863
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 30-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: #w7867863
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.