5807 Silver Sun Dr, Apollo Beach, FL 33572
4 beds · 2 baths · 2,010 sqft
Stunning Move-In Ready Home in the Highly Desired Waterset Community! Welcome to this beautiful 4-bedroom, 2-bathroom home with a 2-car garage, perfectly situated in the sought-after Waterset community. This home is ready for immediate move-in—skip the wait for new construction! As you step inside, you’re welcomed by a spacious foyer that leads to three bedrooms and a large laundry room on either side. The open-concept living area is bathed in natural light, featuring a modern kitchen with elegant quartz countertops, sleek cabinetry with a cabinetry island, and stylish tile flooring throughout the main living spaces. The living and dining areas flow seamlessly, creating an inviting space for entertaining or relaxing. Step out onto the enclosed lanai, an ideal retreat for enjoying your morning coffee or unwinding with a good book. The home also features beautiful plantation shutters, adding both charm and functionality. The primary suite, located off the living area, offers a spacious bedroom, a luxurious en-suite bath, and a large walk-in closet—your private sanctuary within the home.Enjoy lush landscaping and an unbeatable location near the highly regarded York Magnet School. The Waterset community is packed with resort-style amenities, including two clubhouses, multiple pools, tennis and pickleball courts, a basketball court, two fitness centers, a splash pad, a dog park, and 12 miles of scenic trails. Plus, you’ll have access to top-rated schools, including a magnet school, charter school, Montessori school, and daycare—all within the community! Why wait months for a builder? This home is available now! Schedule your showing today and make this gorgeous home yours!
Source: STELLAR #TB8356757
Financials
Source: Public records
Source: STELLAR #TB8356757
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.