630 LIMONA WOODS DR, Brandon, FL 33510
Welcome to the Estates at Limona Woods, a serene, gated community, centered in the heart of Brandon, Florida. Revel in the spaciousness of this 6-bedroom, 4-bath home on an oversized .31-acre lot, ideal for families or multi-generational living. The interior does not disappoint with roomy owner's retreat and sizeable en suite bath with generous walk-in closet. Culinary adventures await in the kitchen, outfitted with maple cabinets, granite countertops, walk-in pantry, and modern appliances. A grand dining room accommodates gatherings easily, while a front bedroom offers flexibility as an in-law suite with attached bath. Two other bedrooms/offices on the first floor share a bath. A large laundry room, with granite countertops and cabinetry, adds practical luxury. Upstairs, discover a 40 x 20 multi-use bonus room prewired for surround sound, alongside two additional bedrooms and bath. Swing open your living room's custom leaded French doors with sidelights to enjoy your private outdoor oasis. With enclosed screen and paver deck, you’ll enjoy swim parties with a saltwater pool (2022)… with state-of-the-art Pentair Pump/Filter system, bubbler, waterfall, sun shelf, and color LED lighting, which creates a dazzling aquatic experience. Indulge in al fresco dining with an outdoor kitchen, featuring BULL grill, rotisserie, side burner, and refrigerator set in sleek granite countertops. Top it off with an expansive fenced rear lawn for playground equipment, pets, or gardening, and you will never leave home! Enjoy the savings realized from the 32 Solar Bear roof panels (paid off) ensuring eco-friendly living. These panels allow owners to utilize a constant year-round pool temp of 80 degrees, maintain interior of home at 72 degrees, while piloting the 3-year-old Carrier Infinity Eco HVAC system with HEPA filters, de-humidifier and UV system at a reasonable cost. The current average bill is about $140 monthly versus the average $400 bill before installation of solar panels! Brinks Security system adds even more safety to your home. For veterans, ask about assuming a lower interest rate VA loan. Located conveniently to downtown Tampa, Hyde Park, MacDill AFB, and Tampa International Airport, shopping, and fine dining, this property provides both convenience and excellence in living. Plus, you can take advantage of educational options through public schools or ask about a special scholarship program for private schooling. Your search for the ultimate family residence ends here!
You may be able to put down less than the total down payment amount of $60,496 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #u8247500
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.