5825 Grand Sonata Ave, Lutz, FL 33558
3 beds · 3 baths · 1,968 sqft
Discover the perfect blend of comfort and quality in this modern lifestyle community. This stunning 3 bedrooms, 2.5 bathrooms home offers spacious living, combining modern living with comfort. Built in 2020, the home features tile flooring in the common area and carpet in the bedrooms and loft. The open-concept downstairs area is ideal for entertaining, with seamless transitions between the living room, dining area, and kitchen. Upstairs, all three bedrooms feature walk-in closets, along with a loft and laundry room, offering both privacy and convenience. The master suite provides a peaceful retreat with an en-suite bathroom and three spacious closets. Additional highlights include a 1-car garage, a driveway for two cars, and a covered screened lanai, perfect for relaxing at the end of the day. Set in a gated community, residents enjoy exclusive amenities such as a heated pool with a cabana and grill, along with a playground. The HOA covers water, exterior maintenance, and community irrigation, ensuring a low-maintenance lifestyle. Conveniently located, this home offers quick access to Tampa International Airport and downtown Tampa, both within a 20-minute drive. Don't miss out on this opportunity! Schedule a visit today and experience the charm for yourself. You are going to love it!
Source: STELLAR #w7868351
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #w7868351
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: #w7868351
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.