632 Tanana Fall Dr, Ruskin, FL 33570
5 beds · 3 baths · 2,490 sqft
WATERFRONT! Expansive and RENOVATED 2-story, 5-bedroom, 2.5-bath, 3-car garage home in the resort-style community of RIVERBEND in Ruskin, Florida ( Not in a flood zone & no flood insurance required )! This impressive 2,490 sq. ft. residence at 632 Tanana Falls invites you to breathtaking sunsets over the water from this stunning property. Thoughtfully upgraded, the home features extra-wide, oak-style luxury vinyl plank flooring throughout the downstairs, staircase, and upstairs landing leading to five bedrooms. The kitchen includes all-new stainless steel appliances (microwave, range, and dishwasher) that convey. Additional upgrades include a new AC installed in 2020, freshly painted interior (2019), and a whole-home surround sound system indoors and on the patio, along with a security system with exterior cameras. Enter through the grand foyer to a formal living and dining area with a gorgeous staircase leading upstairs to five spacious bedrooms. The kitchen, situated at the rear, offers an eat-in dinette with water views, under-cabinet lighting, new mosaic tile backsplash, wide windows, and pull-out shelves in the lower cabinets. The family room is cozy and equipped with a sound system, with sliding doors to the covered lanai and scenic water views from both the kitchen and dinette. A convenient half-bath powder room and a laundry room with a window, stainless steel washer, and dryer lead to the large three-car garage. The luxurious master bedroom en-suite is a true retreat with two walk-in closets, a garden tub, dual sinks, a dual-head shower with new tile floor, and tranquil water views. Four additional spacious bedrooms are serviced by a full bath in the hallway. Large windows throughout the home fill the space with natural light, enhanced by high ceilings and crown molding. Riverbend offers a full suite of amenities with a low HOA fee, including a gym, two playgrounds, a dog park, a conference room, and a community resort-style pool , which were just renovated 2025 and have their grand opening on March 29th just in time for Spring - Summer festivities ! Community events bring neighbors together for holiday celebrations and gatherings. Conveniently located near I-75, US 41, and US 301, with easy access to Gulf beaches, shopping, medical facilities, and MacDill Air Force Base. Zoned for Ruskin Elementary, Shields Middle, and Lennard High. Make this waterfront gem your own for the holidays or Snowbird season! Call today for your private showing.
Source: STELLAR #TB8321215
Source: STELLAR #TB8321215
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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 “Save search” 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 620, 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.