5607 Limelight Dr, Apollo Beach, FL 33572
4 beds · 3 baths · 2,135 sqft
Welcome to this stunning 2021 Westbay-built Sandpiper model home in the desirable resort community of Waterset! Ask about the Assumable VA loan with an interest rate of 2.38% for life of the loan. This opportunity is for Veterans and Non Veterans!! This beautiful home boasts 4 bedrooms and 3 bathrooms, spread across almost 2,200 sq ft of thoughtfully designed living space. Step inside and be greeted by an open floorplan that seamlessly connects the main living areas. The home features high ceilings, 8-foot doors and tons of natural light, creating an airy and inviting atmosphere. The kitchen is equipped with a great pantry, oversized light colored cabinetry, a large gas range and stainless steel appliances. The primary bedroom offers a private retreat with large walk in closets. This home boost a secondary en-suite bedroom that will provide additional comfort for guests or family members. For the entertainment enthusiasts, notice it is wired for surround sound and a has large screened lanai, ideal for outdoor living and entertaining. Enjoy your morning coffee or evening cocktails in this peaceful space, during any weather! The attention to detail in this home is evident in its quality build. You will find Moen faucets, matching Corian Quartz countertops throughout and durable wood-like tile flooring, ensuring both style and longevity. Conveniently located near the Sports complex and new "Town Center" at Waterset, which includes a fitness center, coffee shop, eateries, and various shops. Waterset community amenities include 4 resort-style pools, lap pools, waterslides, dog parks, walking trails, parks, and splash pads, making it a truly exceptional place to live. Discover Apollo Beach a fast growing community and home of the Manatee viewing center! Centrally located between Bradenton/Sarasota, Orlando, Tampa, and St. Pete! 35 minutes to Tampa International Airport, McDill Airforce base and 35 minutes to some of the world‘s beautiful beaches!
Source: STELLAR #tb8305223
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8305223
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: #tb8305223
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.