4514 Gentrice Dr, Valrico, FL 33596
4 beds · 3 baths · 2,400 sqft
HURICANE GRADED WINDOWS AND NO DAMAGES AFTERT HURICANES HELENA ND MILTON. Get ready to fall in love with this stunning pool home in South Valrico, complete with a heated pool! Tucked away on a quiet street in the lovely Lithia Ridge neighborhood, this property welcomes you through an impressive arched entry. Inside, you’ll be greeted by high ceilings and a spacious open layout that flows beautifully from one area to the next. To your left, you’ll find a formal dining room, while to the right is a cozy formal living room. The heart of the home is the gorgeous kitchen, featuring granite countertops, tall custom cabinets for ample storage, stainless steel appliances, and a central island. The eating nook opens to the pool area through sliding doors, making it perfect for indoor-outdoor living. The kitchen overlooks a large great room, providing a lovely view of the sparkling pool. The well-designed split-bedroom layout ensures privacy, with each bedroom equipped with ceiling fans. The luxurious owner’s retreat is a true sanctuary, complete with a spacious walk-in closet and an ensuite bathroom featuring a stylish open walk-in shower and dual sink vanity. Step outside to discover your private oasis, featuring a heated swimming pool and a generous screened lanai—ideal for entertaining or simply unwinding in your freshly painted, fully fenced backyard. For gardening enthusiasts, the property boasts a variety of exotic fruits, including lemons, oranges, and passion fruit! Plus, the furniture is available for sale, making it easy to move right in. Lithia Ridge is a delightful community that offers access to top-rated schools and a very low HOA. You’ll also be just a short drive from fantastic shopping and dining options, with an easy commute to downtown Tampa. Don’t miss the opportunity to see this incredible home today!
Source: STELLAR #TB8305650
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: STELLAR #TB8305650
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.