3963 60th St N, Saint Petersburg, FL 33709
4 beds · 3 baths · 1,780 sqft sqft
3.5% assumable mortgage available. Centrally located St Petersburg home with 4 bedrooms and 3 full bathrooms. NEW ROOF installed in 2023. This tropical abode is light and bright with freshly painted interior paint and tile flooring throughout most of this great home. The kitchen has all wood cabinets, stainless steel appliances, a granite countertop, and tile backsplash. The primary bedroom has an ensuite master bath that has been completely remodeled. The 2nd and 3rd bedrooms are next to the recently remodeled hall bathroom. The 4th bedroom with an ensuite bath and walk-in closet has a private entry and can serve as a fabulous In-law suite, whether it's your parents or adult child - everyone has their own space. The in-law suite is separate from the home and can be used to generate Airbnb or rental income. The family room is a great indoor gathering place for games and movies. There is access to the backyard from the family room for seamless use of both spaces. The backyard sun deck in ready for your hammock and grilling equipment. Wake up each day surrounded by the lush, tropical landscaping and exotic gardens visible from the sun deck. Outdoor shed included. The home is elevated outside of the flood zone and current owners are NOT required to carry flood insurance. The location is ideal, you're in the center within 10-15 min drive of anywhere you want to be in St Pete. Some of the best beaches in the world are nearby. Enjoy walking or biking? You can access Pinellas Trail just minutes away and enjoy a 40+ mile ride. From golf courses to the mall, you are not far away and have access to it all! If downtown Tampa is the venue you want, you're just 30 minutes from some of the biggest venues in town. Drive 15 min southeast and experience downtown St.Pete with its amazing restaurants and nightlife. Secure this home's 3.5% assumable mortgage, save thousands annually, and close in 45 days when you work with Roam. Inquire with the listing agent for more details. Call today and don't let this one get away! Be sure to click on 3D virtual tour.
Source: STELLAR #tb8308307
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8308307
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: #tb8308307
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.