6216 Kevesta Ave, Palmetto, FL 34221
4 beds · 3 baths · 2,854 sqft
THIS HOME OFFERS A VA ASSUMABLE LOAN with 2.875 INTEREST RATE for qualified veterans! Ask for more details on this HUGE cost saving benefit. Situated on a community lake, this spacious home offers a FIRST FLOOR MAIN SUITE! An incredibly spacious floorplan starts at the front entry where a private office/den is tucked away from the open living area. The open floorplan is perfect for today's modern lifestyle with an open kitchen/living room/dining area at the rear of the home with exceptional views of the lake behind the home. Plantation shutters on all windows, custom order ceiling fans and engineered hardwood floors in the main bedroom, & den - are top quality features of the home. The kitchen features 42" cabinets, under cabinet lighting, tiled backsplash and closet pantry. Pendant lighting illuminates the 10' island bar which is perfect for entertaining. The main living area has neutral ceramic tile and the office/den and main bedroom has wood flooring while the other bedrooms include high quality carpeting. A guest bath and full size laundry room are tucked away from view. The laundry room has lots of cabinet storage and a large folding counter to keep your home organized. The first floor main suite is a peaceful retreat with spa tub bath, glass enclosed shower, large double vanity and a large walk-in closet. Upstairs you will find the perfect family haven with a large loft / family room and 3 bedrooms, 1 full bath with tub shower. Each bedroom has a walk-in closet and the staircase leading upstairs has an upgraded decorative iron railing. Outdoors a screen enclosed rear porch looks out over the community lake and a 4' iron fence surrounds the yard providing a secure space for play. Many BONUS FEATURES offered in this home include built-in surround sound speakers, Ecobee AC/Heat control, epoxy coated garage floor, and a Life Source whole house water filtration system. The home is well maintained with regular lawn and pest control including transferrable termite protection. Enjoy community amenities including a resort style pool with beach/zero entry and cabanas for lounging, covered outdoor entertaining area, splash pad, playground and clubhouse with 24 hour fitness center. Enjoy the many walking / jogging trails through the community. Trevesta is conveniently located to all major highways providing quick and easy access. HOA fee of $460 QUARTERLY includes basic cable, internet, irrigation and use of the amenities. Located in flood zone X - no flood insurance is required and aluminum storm shutters create peace of mind.
Source: STELLAR #TB8342871
Financials
Source: STELLAR #TB8342871
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.