4320 W LAUREL ST, Tampa, FL 33607
Built in 2016, discover this 4-bedroom, 3-bathroom gem that has everything you need and more. At the heart of the house is the gourmet kitchen, complete with 42 inch cherry cabinetry, stainless steel appliances, tasteful backsplash and a huge granite island perfect for gathering around and entertaining. Each of the four bedrooms is a private retreat, featuring custom built-in closets and additional built-in storage or desks, making it ideal for families and professionals alike. The three full bathrooms are equally impressive, each featuring granite countertops, walk-in showers with custom designer tile and marble with dual showerheads for a spa-like experience at home. Through the french doors you’ll escape to your private backyard oasis completely fenced in with a pavered sitting area and comes with full irrigation & french drains. You'll also appreciate the 2-car garage, giving you plenty of space for your vehicles and extra belongings. Plus, the home comes with extra goodies such as a brand-new water heater, water softener, security system and washer & dryer for added comfort and convenience. This home is perfectly positioned for convenience and entertainment. You'll be just minutes away from Tampa International Airport, making travel a breeze. Luxury shopping at International Mall, fine dining options, and the excitement of Raymond James Stadium are all within a 5-minute drive. Plus, enjoy the natural beauty of Cypress Point Park or beaches at Ben T Davis whenever you need a quick escape. Come see it for yourself and imagine making this wonderful house your home!
You may be able to put down less than the total down payment amount of $273,878 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: #t3551987
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.