6816 Guilford Bridge Dr, Apollo Beach, FL 33572
4 beds · 3 baths · 2,797 sqft
Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Welcome to 6816 Guilford Bridge Drive, where every day feels like a getaway. Tucked in the vibrant coastal community of Covington Park in Apollo Beach, this beautiful 3-bedroom, 2.5-bath, seperate loft space and office is meticulously maintained offering a blend of comfort, style and Florida charm. From the moment you arrive, you’ll feel the inviting energy of a neighborhood that’s as friendly as it is scenic, with winding walking trails, lush green parks and resort-style amenities that make every day feel like vacation. Step inside and you’ll immediately notice the spacious open floor plan, filled with natural light and thoughtfully designed for relaxing and entertaining. The kitchen is a dream for any home chef, modern, bright, and connected to the living and dining spaces so no one ever misses a moment. And don’t miss the incredibly spacious pantry, ideal for keeping everything organized and within easy reach. The primary suite is your private retreat, generously sized with a spa-inspired bath and ample closet space. Step outside and enjoy your peaceful backyard, ideal for coffee in the morning or wine under the stars. And with no backyard neighbors, you’ll get that rare sense of privacy and serenity. Living in Covington Park means more than just owning a home. You’ll have access to multiple clubhouses, pools, fitness centers, tennis courts and playgrounds. There are even community events, food truck nights and holiday gatherings, everything you’d hope for in a close-knit, thriving neighborhood. Minutes from shopping, dining, top-rated schools and the sparkling waters of Tampa Bay, this home offers not just a place to live but a lifestyle to love.
Source: STELLAR #TB8364954
Source: STELLAR #TB8364954
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.