5021 Gato Del Sol Cir, Wesley Chapel, FL 33544
3 beds · 2 baths · 1,685 sqft
Live the Ultimate Florida Lifestyle in the Exclusive Gated Community of Pimlico Village at Lexington Oaks! This charming 3-bedroom, 2-bathroom home with a 2-car garage is a true gem, offering a smart split floor plan that provides space and privacy for everyone. As you step through the foyer, you'll immediately feel at home with the sleek interior design. Fall in love with the open family and dining areas, which flow effortlessly into the spacious kitchen with the beautiful new quartz countertops, perfect for entertaining guests! The kitchen is a chef's dream, featuring abundant cabinet space, a deep sink, a breakfast bar, and sleek tile floors. Plus, there's a cozy dinette area with extra storage cabinetry for all your essentials! Retreat to the master suite, where you'll find a large bedroom, a walk-in closet, and a luxurious en-suite bath with dual sinks and a walk-in shower. The level of style in this home speaks for itself from the custom paint to the plantation shutters. The secondary bedrooms are generously sized with plenty of closet space. Step outside to the screened rear lanai, with the additional covered gazebo you will have a peaceful spot for weekend BBQs or simply enjoying the Florida breeze. Pimlico Village offers the best of Florida living! The association covers roof maintenance, exterior painting, lawn care, and upkeep of the community pool, cabana, and entry gate. And that's just the beginning! Lexington Oaks boasts incredible amenities, including a clubhouse, resort-style pool, a state-of-the-art fitness center, and tennis courts. Golf enthusiasts will love the challenging 18-hole public golf course with a clubhouse, restaurant, and pro shop. There's even a daycare and preschool within the community. Shopping, dining, and entertainment options are all nearby, with easy access to major highways.
Source: STELLAR #tb8329989
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8329989
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: #tb8329989
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.