5261 43rd Ave N, Saint Petersburg, FL 33709
3 beds · 1 baths · 746 sqft
How Freakin' Cute am I? Welcome home to this beautifully updated 3 bedroom home with garage and huge fenced yard. Sitting high and dry on a hill in the heart of lower Pinellas County, this home has an HGTV inspired design and has been meticulously maintained by the current owner. As you enter the home, you walk into the dining room and living room combo. The galley kitchen is center between the two, making it feel as though its all one room. Entertaining is a breeze with plenty of counter space in this gorgeous kitchen. Two bedrooms are located off the living area along with the beautifully designed bathroom with full tub and shower. The other bedroom is located off the garage and has access to the fenced backyard. The lot has plenty of room for all your toys, Fido, a pool, garden, spa, it's your blank canvas. Nearby grocery shopping, salons, gyms, and restaurants make daily living a breeze in this location. Equally distant from the Bay to the Beach and close to nearby interstates for easy travel to Tampa or Sarasota. Schedule your private tour today.
Source: STELLAR #TB8364078
Financials
Source: STELLAR #TB8364078
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.