4925 SAN MARTINO DR, Wesley Chapel, FL 33543
SUBSTANTIAL PRICE IMPROVEMENT! Exceptional curb appeal with stone accent, brick paver driveway and community maintained lush landscaping welcomes you to this gorgeous END UNIT 3-bedroom 3-bathroom townhome located in the highly desired community of Estancia at Wiregrass. This Vittoria floorplan offers an expansive family room with recess lighting, adjacent flex room perfect for home office and sliders that open to a 6x14 patio. Spacious island kitchen boast: sparkling granite countertops, designer tiled backsplash, completed stainless appliance package with gas stove,45-inch, soft close custom cabinetry with crown molding, vent thru microwave, closet pantry and a wonderful dinette area for your morning coffee. Elegant owners retreat includes tray ceiling, recess lighting, dual granite vanities, walk-in glass shower, huge huge walk-in closet and a spectacular, private balcony overlooking pristine common area. The two secondary, oversized bedrooms are serviced by an elegant full bath with all the decorative upgrades. Additionally…tankless water heater,6-inch baseboards, epoxy garage flooring, Smart thermostat, hurricane shutters,8-foot doors and more storage space then you will ever need. Resort-style Estancia amenities include 2 pools, fitness center, tennis and pickle ball courts, playground and nature trails. This meticulously maintained home is turnkey ready!
You may be able to put down less than the total down payment amount of $145,655 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: #t3537544