5422 Camberwell Ln, Riverview, FL 33578
6 beds · 4 baths · 4,361 sqft sqft
Under contract-accepting backup offers. Step into this elegant home, boasting 6 spacious bedrooms and 4 luxurious bathrooms. Every detail of this home has been thoughtfully designed, offering both beauty and functionality for the most discerning homeowner. As you enter, you’ll immediately notice the gorgeous engineered hardwood floors that flow seamlessly through the open, airy floor plan, creating a sense of warmth and sophistication. The bedrooms, tucked away for added privacy, are carpeted for ultimate comfort, perfect for restful nights. The heart of the home features an expansive open-concept living space, ideal for entertaining or simply enjoying the company of loved ones. Stunning light fixtures add a touch of elegance, casting a beautiful glow throughout each room. Whether you're hosting a dinner party or a quiet family gathering, this home provides the perfect ambiance. Step outside and be enchanted by the meticulously landscaped backyard oasis. An abundance of fruit trees dots the backyard, offering both beauty and a bountiful harvest. The fruit trees include a Banana tree, Lime trees, Guava tree, Papaya trees, and an Orange tree! The extended covered lanai provides ample space for outdoor dining and relaxation, fully wired for surround sound both inside the home and out, allowing you to enjoy your favorite music or movies in the serenity of your herb garden paradise. For those who work from home or need a quiet place for reflection, the home includes a dedicated office space, designed to be peaceful and secluded, ensuring productivity and focus. This residence is the epitome of luxury living with thoughtful design elements and natural beauty. This home also includes a 3-car garage and is part of a community that offers a resort-style pool, clubhouse, playground, and indoor/outdoor entertaining areas with grills and bar space. Conveniently located close to restaurants, shops, schools, and the Selmon Expressway & I-75, providing easy access to Downtown Tampa, Wesley Chapel, and South Tampa. Some designer furniture is also available for sale, outside of the purchase of the home. Please email your Pre-qualifications to listing agent before showing! Schedule your private showing today, you do not want to miss out!
Source: STELLAR #tb8309720
Source: STELLAR #tb8309720
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: #tb8309720
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.