6514 Biscayne Shore Ln, Tampa, FL 33611
3 beds · 3 baths · 1,696 sqft sqft
Maintenance free living in South Tampa! Presenting a quiet, GATED, LOW HOA FEES, townhome community with a fabulous 3-bedroom 2.5-bathroom Spanish Mediterranean-style townhome combining the perfect blend of sophistication and modern comfort. This townhome offers a great floorplan with primary ensuite on the main level and secondary bedrooms on the lower level, perfect for hosting lots of company while maintaining your privacy. Step inside to be greeted by abundant natural light that illuminates the beautiful wood floors throughout the living and dining areas. The kitchen is a chef's delight, featuring white shaker cabinets, an electric stove, a newer fridge, and a tile backsplash with granite counters. Modern industrial light fixtures and shelving add a contemporary touch, making this space both functional and stylish. Retreat to the en suite which boasts a dual vanity and a luxurious garden tub—your personal sanctuary for relaxation. Downstairs you will find two additional bedrooms complete with and impressive guest bathroom featuring granite countertops. For those who need a versatile space, one of the guest rooms can easily be transformed into the perfect space for a home office, gym, or additional living area. The 2-car garage with epoxy flooring is not just functional but also adds a polished look to your parking and storage area. The community pool offers a refreshing escape on hot days, perfect for relaxation and socializing. Don't miss out on the opportunity to own this fabulous townhome that combines classic Mediterranean charm with modern conveniences. Schedule your tour today and experience the beauty and tranquility of this exceptional home.
Source: STELLAR #tb8304264
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8304264
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: #tb8304264
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.