6006 Woodlands Blvd, Tamarac, FL 33319
2 beds · 3 baths · 1,543 sqft
** BUILT AS A NEW CONSTRUCTION ONLY 8 1/2 YEARS AGO-2016 ** EXCELLENT CONDITION ** LOW HOA ** INVESTORS CAN LEASE RIGHT AWAY ** TWO ASSIGNED PARKING SPACES. This Townhouse offers 2 BED/2.5 BATHS plus DEN. MOTIVATED SELLER. Quick access to Florida’s Turnpike, I-95 & Sawgrass Expressway. Surrounded by vibrant shopping area and restaurants. Hurricane panels for windows and sliding, also a covered terrace that includes storage space. Two masters with FULL BATHROOMS and WALK-IN CLOSETS on the second floor along with your washer & dryer. Kitchen with Island, living room, dining area and the DEN on the first floor that can be used as an additional bedroom, office, media room, you decide, plus half bath on the first floor for your guests.
Source: MIAMIRE #A11756064
Financials
Source: MIAMIRE #A11756064
Source: Public records
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%. 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.
Other resourcesWhat 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.
This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
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