5806 Candytuft Pl, Land O Lakes, FL 34639
5 beds · 4 baths · 3,208 sqft
Get a free consultation call with an expert in the mortgage assumption process.
THIS HOME HAS A FHA ASSUMABLE MORTGAGE! Interest rate is 4.875%! Discover a stately family home that offers the perfect blend of elegance, space, and comfort. Overlooking serene conservation and protected wetland views, this residence provides a tranquil escape from the everyday hustle, with abundant natural light and breathtaking scenery. The fabulous floor plan is thoughtfully designed as the expansive formal living space spills effortlessly into a 2nd cozy area where the chef of the home can also entertain! The heart of the home is truly the open and inviting kitchen, featuring endless quartz countertops, 42" crisp white cabinetry and a large island—ideal for both everyday meals and hosting large family gatherings. Large dining area enjoys custom lighting too! The spacious owner’s retreat conveniently located downstairs, provides a private and peaceful haven complete with beautiful new wood plank tile flooring throughout the 1st floor and the ADA rated barn doors and bath are simply gorgeous. A powder bath for convenience completes your downstairs tour! Upstairs, you’ll find a super large bonus room, perfect for creating the ultimate playroom, home gym, or movie night retreat. The four oversized guest bedrooms provide ample space for everyone, with some even featuring walk-in closets, making organization effortless. With this home’s abundant storage, including plenty of closet space, staying clutter-free has never been easier. Two spacious guest baths are perfectly located for those busy mornings! Back downstairs you'll step outside to your covered porch and the detached screen room catches your eye! This is the perfect place where you can sip your morning coffee and watch the sunrise over your backyard wildlife oasis. The pie shaped, oversized lot is fully fenced along with the Invisible Fence feature continues to add value, especially for your furry friends! This majestic home offers the perfect balance of nature and comfort, making it an ideal choice for a growing family looking for room to spread out and enjoy every moment. Whether it’s family time or personal relaxation, this home has something for everyone. New Roof in 2022; 2 New A/C systems in 2022; New Hot Water heater in 2022; New wrought iron fence in 2023. Did we mention the overzised 3 car garage? WOWSER, this home is a must see!
Source: STELLAR #TB8308771
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8308771
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.