627 Washita Stone Dr, Ruskin, FL 33570
4 beds · 3 baths · 2,563 sqft
WELCOME TO RIVER BEND! A Great Location with convenient access to US 41 and Interstate 75. Located Just minutes from Little Harbor Marina, EG Simmons Park, Apollo Beach (access to a multitude of activities for boating, fishing, dining, and much more. Only a short drive to major attractions in the Tampa Bay Area and some of Florida?s best beaches, marinas, golf courses, restaurants and shopping. Upon entering this 4 bedroom/3 bath 2563 sq ft home, you are immediately greeted with an open and convenient layout with lots on natural light. Two bedrooms and a full bath at the front of the home with the laundry room and a 3rd Bedroom with a large walk-in closet and another full bathroom to the left. Laminate Wood Flooring carries from the foyer into the formal living/dining combination which leads to the large and spacious kitchen with tile flooring, espresso cabinets, granite countertops with a beautifully coordinated backsplash, stainless steel appliances, breakfast bar, and breakfast nook. The LARGE family room has recessed sliders that lead to the screened in lanai and unobstructed views with NO BACK YARD NEIGHBORS. The main bedroom En Suite is huge with two walk-In closets and direct access to the lanai; the main bathroom has dual sinks and granite countertops. Hurricane Shutters for Additional Safety! Do NOT let this one be missed, schedule your visit today.
Source: STELLAR #TB8367857
Financials
Source: Public records
Source: STELLAR #TB8367857
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.