515 Clemons Rd, Brandon, FL 33510
3 beds · 2 baths · 1,821 sqft sqft
Price improvement on your ideal home! This charming 3 bed, 2 bath pool home is perfectly situated on a generous corner lot. The open design of the living room flows seamlessly into the modern kitchen and dining area, creating a spacious and inviting environment for both relaxation and entertaining. The living room has been elevated with a stunning custom-built wall unit, meticulously designed to seamlessly integrate your entertainment system and TV. This bespoke piece is crafted to fit the unique dimensions of your space, offering a perfect blend of elegance and practicality. The kitchen features brand-new cabinetry, offering a fresh and stylish update that enhances both functionality and aesthetics. Both bathrooms have been thoughtfully updated with contemporary fixtures and finishes, providing a touch of luxury. Additionally, the entire home has been upgraded with new plumbing, ensuring worry-free living. Step outside to enjoy your private backyard oasis, complete with a sparkling pool and a soothing spa—perfect for unwinding or hosting summer gatherings. The Florida room provides versatile living space to enjoy year-round, whether you're basking in natural light or enjoying cozy evenings. The den offers extra flexibility, ideal for a home office, playroom, or media room. The laundry room offers plenty of cabinet space for ample storage. For added convenience, there's a well-sized outdoor shed, with power, perfect for storing tools, equipment, or seasonal items. The home also features an electrical box/set-up to facilitate an emergency whole-house generator, if you decide to have one. This home combines modern updates with comfortable living, making it a standout choice for anyone seeking a move-in-ready property with both charm and functionality. And did we say NO HOA FEES! Schedule your tour today and make this exceptional home yours!
Source: STELLAR #t3552568
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3552568
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: #t3552568
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.