5942 White Tail Loop, Lakeland, FL 33811
3 beds · 2 baths · 1,740 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Short Sale. Welcome to your 3 bedroom, 2 bathroom split plan home located in the quiet community of Deerbrooke with easy access to shopping, dining, and schools. Arriving at the home you’ll notice the beautiful oak tree shading the front yard. Stepping inside, you’ll find the home office, which could easily be converted to a formal dining or living room. The carpeted living room is bright and open with tray ceilings and plantation shutters over the windows. The kitchen, which was remodeled in 2016 features shaker style cabinets, soft close drawers and granite countertops along with a subway tile backsplash. Just off the kitchen, you’ll find the enclosed Florida room, the perfect spot for a home office, playroom, or library. The primary bedroom has carpeted floors, tray ceilings, along with plantation shutters and a separate sitting area. The en-suite features a dual sink vanity with granite countertops, a large soaking tub, stand up shower, private water closet and a walk-in closet for all your storage needs. The remaining two bedrooms are spacious and also include plantation shutters on the windows. The hall bath features a single sink vanity with a tub/shower combo and a linen closet. Outside you’ll find a large concrete patio, the perfect spot to set up that BBQ and entertain friends and family, as well as a spacious backyard. This home has so much to offer! Schedule your private showing today!
Source: STELLAR #L4950608
Source: STELLAR #L4950608
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 and Equal Opportunity Act.