6027 Flora Ter, Apollo Beach, FL 33572
3 beds · 1 baths · 1,195 sqft sqft
Live the Florida Lifestyle in desirable Southshore! You will fall in love with this charming 3-bedroom, 1-bathroom Florida cottage, nestled in the heart of the picturesque Apollo Beach community. This beautifully designed residence boasts an array of exceptional features that make it the perfect place to call home. This home offers a generous open floor plan, perfect for entertaining and family gatherings. Tons of natural light and modern waterproof luxury plank flooring invite you to rest and relaxation. The chef in your family will fall in love with the expertly designed kitchen, complete withal-wood white shaker-style cabinets, gorgeous QUARTZ countertops, high-end stainless steel appliances, and ample cabinet space! Retreat to your private oasis in the expansive master bedroom featuring a large closet. Enjoy the blend of fresh paint and flooring throughout the home, providing both style and comfort. Enjoy Florida living at its finest with a beautifully landscaped yard, a covered carport, and plenty of space for outdoor dining and relaxation. Conveniently located near top-rated schools, shopping, dining, and recreational activities, with easy access to major highways and the vibrant Tampa Bay area. Don't miss the opportunity to make this exquisite home yours! Schedule a private showing today and experience the luxury and comfort.
Source: STELLAR #t3542270
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3542270
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: #t3542270
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.