4659 LINDEVER LN, Palmetto, FL 34221
One or more photo(s) has been virtually staged. Step into the spacious newly listed 5-bedroom, 3-bathroom house, ideal for those who cherish both comfort and style. Spanning a generous 2508 square feet, this home offers an open floor plan that promotes a harmonious flow throughout the living spaces. Enter and be welcomed by a bright great room featuring new vinyl flooring, infused with natural light, ideal for gatherings or serene evenings at home. The centerpiece is a sleek kitchen equipped with a new stainless appliances and an island that doubles as a casual dining spot or extra prep area - not to mention the sizable walk-in pantry for all your culinary essentials. The primary bedroom is tucked away upstairs, offering privacy and tranquility, complete with a walk-in closet and an ensuite bathroom made for relaxation. Accompanying this are four additional bedrooms, each providing comfortable living spaces, capped off with plush new carpeting in 3 upstairs bedrooms and hallways. Life’s little conveniences are not forgotten here – a laundry room situated upstairs simplifies your daily routine, while a 2-car garage gives plenty of room for vehicles and storage. Outdoors, the community promises a slice of vacation right at your doorstep with a resort-style pool, playful playground, and a cabana-style clubhouse. Situated conveniently for easy commuting to major cities via nearby interstates, and a stone's throw from an array of dining, shopping adventures, including the popular Ellenton Outlet Mall, and not to forget, a mere drive to pristine Gulf beaches. This home is an absolute gem, ready to be filled with laughter and memorable moments. In an effort to make your transition as smooth as possible, the seller is offering up to $10,000 in concessions to help with closing costs, prepaids, or rate buydowns with an acceptable offer. Make this delightful abode your next stop to creating cherished memories. And remember, your potential new home is under surveillance - after all, it’s worth keeping an eye on!
You may be able to put down less than the total down payment amount of $168,069 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: #a4621162