3330 BROKEN BOW DR, Land O Lakes, FL 34639
Welcome to your new home at 3330 Broken Bow Drive in the heart of Land O Lakes! This 3 bedroom, 2 and a half bathroom has a BRAND NEW AC AND BRAND NEW WATER HEATER!!! The kitchen is fully equipped with a refrigerator and oven/range that are less than a year old. The Master bedroom includes a fully renovated master bathroom and a spacious walk-in closet. The carpeting on the 2nd floor and stairwell was completely replaced 2 years ago. Enjoy your morning coffee sitting on the charming front porch. The fully screened-in lanai offers a great hang-out spot to take in the beautiful view of the lit fountain in the pond just off the backyard which can also be seen from the master bedroom. The gated community of Santa Fe at Stagecoach offers many amenities for a new homeowner to enjoy, such as a pool, playground, clubhouse, and walking trails. You can't beat this location! Very close to I-75, SR 54, and SR 56 which makes traveling to Tampa, Clearwater and Orlando easy and puts you close to nearby shopping like The Shoppes at Wiregrass and the Premium Outlet malls, the Groves 16 BB Movie Theatre and Popstroke Minigolf putting course and an almost endless choice of local restaurants,. This home is move-in ready, so schedule your private viewing today!
You may be able to put down less than the total down payment amount of $144,396 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: #t3515902