31707 Holcomb Pass, Wesley Chapel, FL 33543
5 beds · 4 baths · 2,898 sqft sqft
Looking for a hidden gem of a home in the John Long Middle/Wiregrass Ranch High School zone within the Wesley Chapel area? Almost 3k sqft and the builder made such good use of the square footage with this layout! No wasted space! With 4 true bedrooms + a possible 5th bedroom or office + an additional open nook office + bonus room! There are so many spaces to utilize! 4 FULL baths and a 3 car garage! Hard to find in this price point! Mostly a one story- just the bonus room, one bedroom and one full bath located upstairs. Beautiful wood cabinets in the kitchen with granite countertops and newer stainless steel appliances. Complete with breakfast bar and eat in space the kitchen opens up to the family room, making it a great layout for entertaining. Split bedroom floor plan you’ll find the primary bedroom situated by itself towards the front of the home as well as a double door entry office or 5th bedroom off the foyer. Open dining room and living room spaces provide plenty of open areas to gather. A hallway off the kitchen will lead to two secondary bedrooms and a shared bath. At the back of the home, off the family room, you will find a guest bath (with door to the backyard this could make a great pool bath) and an open nook with built in storage and counters this space makes the perfect office/work space. Beautiful conservation pond view lot and on a cul de sac. Plenty of room to add a pool if desired and it’s already set up with a perfect pool bath also! This home truly has it all and is a great value. The Meadow Pointe III community offers plenty of amenities with a clubhouse, fitness center, pool, playground, basketball courts, tennis courts, volleyball, and many other sport courts to utilize.
Source: STELLAR #t3544406
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3544406
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: #t3544406
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