32013 Blue Passing Loop, Wesley Chapel, FL 33545
3 beds · 3 baths · 1,597 sqft
ASSUMABLE 3.75% INTEREST RATE! Home Buyers are encouraged to inquire for more details. Welcome to Blue Passing Loop! Built by Lennar Homes, the Allegiance floor plan home features three bedrooms, two and a half bathrooms, a cozy loft area, a walk-in closet in the primary bedroom, a laundry room closer, a 1-car garage, white kitchen cabinets with stainless steel appliances, tile flooring on the first floor and carpet on the second floor. Step outside and enjoy the screened-in lanai with a beautiful view of the pond. This townhome is walking distance to the Epperson Lagoon, close to trails within the community, just a block from the designated food truck area and in close proximity to Overpass Rd., for easy access to I-75. This home is located in the Epperson II Subdivision within the Lagoon Community. Life at the Lagoon is like nothing else. The Epperson Lagoon Community is next to the Publix Plaza at Innovation Springs (you can ride the golf car over), Starbucks and Chick Fil-A (coming soon). The Epperson HOA quarterly fee is only $237 per quarter and includes cable + the fastest internet in the nation, Ultra-Fi. The Crystal Lagoon Membership Fee is $115 per quarter. The Townhomes HOA is $293 per month, The closest Elementary Schools are Innovation Preparatory Academy, Watergrass Elementary School & Wesley Chapel Elementary. The Kirkland K-8 Charter School just a few blocks away and opening Aug. 2024! The closest middle school is Thomas Weightnman Middle School. The nearest high schools are Kirkland Academy of Innovation High School and Wesley Chapel HS. The community features “Street Leaf” (solar streetlights), home of the first Crystal Lagoon, where Residents have access to Elam Park & the dock at King Lake, Paddle Boarding, Kayaking, a Wibit Obstacle Course, Cabanas, AquaBanas, Sandy Beaches, Live Music Events, Swim Up Bar and Resident Only Events. The Lagoon is like an Outdoor Clubhouse. The Holiday/Seasonal Events include Trivia Night, Family Night, Movies on the Lawn, Sounds of Summer (live music series), Karaoke, Pumpkin Patch in November, Golf Cart parades, Cinco de Mayo Resident only celebration, Fourth of July Resident Only celebration and much more. The Epperson Community Amenities include an Eagle’s Nest Part, a dog park, and golf cart paths. This home is located about 10 minutes away from KRATE (the new outdoor mall), 35 minutes north of Downtown Tampa, 45 minutes from Tampa International Airport, and 90 minutes from Orlando and Walt Disney World theme parks. Contact the Agent for a private tour.
Source: STELLAR #tb8321530
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8321530
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: #tb8321530
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