6806 Cambridge Park Dr
Apollo Beach, FL 33572
4 beds · 2 baths · 2,034 sqft
$409,500
Get prequalifiedAbout this home
Under contract-accepting backup offers. 2.75% assumable VA mortgage available! Welcome to this charming 4-bedroom, 2-bathroom home in the Covington Park community. Upon arrival, you immediately notice the new exterior paint, while the yard low-maintenance landscaping that is both quaint and easy to care for, offering inviting curb appeal. As you step inside, you’ll find a thoughtfully designed floor plan. At the front of the home, two generously sized bedrooms share a full bathroom, offering privacy and comfort for family members or guests. On the opposite side, another bedroom provides a peaceful retreat. The heart of the home is a spacious, open living area that flows seamlessly into both the large formal dining room and the kitchen, creating a perfect space for hosting and entertaining. The living area is expansive, offering plenty of room for gatherings and designed for easy movement between the kitchen and dining areas. The kitchen is a standout feature with 42-inch cabinets providing ample storage, a gas range, a convenient countertop bar for additional seating, and a charming eat-in area. Adjacent to the kitchen is the large formal dining room, ideal for family dinners or hosting guests. Whether you’re preparing a gourmet meal or enjoying a quiet meal with loved ones, this space offers both style and functionality for any occasion. The large primary bedroom, located at the rear of the house, is a serene retreat with a luxurious spa-like ensuite bathroom. Featuring a soaking tub, separate shower, and dual vanities, this bathroom is the perfect spot for relaxation after a long day. Step outside into the beautifully landscaped backyard, where a heated pool awaits for year-round enjoyment. A covered patio provides an ideal space for seating and dining, and the ample space around the pool allows for additional lounging and entertaining. Whether hosting a summer pool party or enjoying a quiet evening under the stars, this outdoor area is perfect for any occasion. This home offers the perfect blend of functionality, style, and comfort, making it an exceptional place to call home. Located in the heart of Apollo Beach, this home is just minutes from local parks, shops, and dining, with easy access to I-75 for a quick commute to Tampa and surrounding areas.
Source: STELLAR #tb8324477
Neighborhood
FAQs
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.
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.
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.