5143 Maplebrook Way, Wesley Chapel, FL 33544
4 beds · 3 baths · 2,193 sqft sqft
This home includes a great location, an open floor plan, great condition, a low HOA fee, and no CDD! The well-appointed kitchen is equipped with stainless steel appliances, a breakfast bar that is open to the family room, and a breakfast nook for easy interaction. The property has 1-year-old carpet in all bedrooms and a wood-like durable tile in the main areas. The split bedroom layout provides privacy and includes a spacious master bedroom suite with sliding glass door access to the screen-enclosed lanai which can also be accessed from the living room and the fourth bedroom. A large fully fenced backyard has plenty of room for a pool and can be a great area for kids or pets to play safely. The house offers energy-saving features such as additional attic insulation, a gas water heater, and a gas range. A new roof was installed in 2021. Nearby amenities include the University of South Florida, AdventHealth Hospital wellness center, a variety of grocery stores, Bank of America, Walgreens, Costco, Premium Outlet Mall, Sam's Club, Target, Barnes & Noble, the Shops at Wiregrass, and plenty of restaurants for every taste. The home is zoned for Veterans Elementary, Cypress Creek Middle, and Cypress Creek High. The schools with gifted or AP programs. Magnet, IB, and charter school choices are also available for a qualifying child. Westbrook Estates is located in Saddlebrook Village West, a community with a pool, playground, tennis, and basketball courts. The location is unbeatable with super convenient access to Wesley Chapel Boulevard, Bruce B. Downs, and I-75 providing an easy commute to downtown Tampa, Gulf beaches, and Macdill AFB.
Source: STELLAR #tb8308486
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8308486
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: #tb8308486
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.