34316 Verbena St, Wesley Chapel, FL 33545
5 beds · 3 baths · 2,470 sqft
This Beautiful upgraded 5 Bed 3 Bath two story home, conveniently located in the desirable Wesley Chapel area at Pasadena Point Community with no CDD fees and low HOA. This home features an incredible open floor plan, with major upgrades from the seller! Truly turn key! Upgrades include the following on this already like new home (built in 2023) upgraded fans and light fixtures throughout the house, upgraded bathroom and kitchen faucets/fixtures, upgraded door knobs and cabinet knobs, kitchen backsplash, added accent walls in the loft staircase, master bedroom and kitchen. New water softener! Giant 25 x 15 screened in back patio with outdoor tv mount and hook up with two fans. Fully pet graded turf backyard with a fire pit area and grill area. Fully fenced in yard with gates on both sides with rocks added in the front yard landscaping. 4 bedrooms are located upstairs, with the plus of a spacious loft that could be used as a second living room or game room, additional bedroom downstairs can be used as a bedroom or office space. The laundry room is conveniently located upstairs as well. Primary Suite features walk in closet, and upgraded primary bathroom with dual sinks and Walk in Shower. Very good size second bathroom and secondary bedrooms, with plenty of space and walk in closets. Pasadena Point Community features brand new amenities, including: pool, playground and a dog park. This could be your new dream home!!
Source: STELLAR #t3549393
Source: STELLAR #t3549393
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: #t3549393
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.