6908 N Oregon Ave, Tampa, FL 33604
3 beds · 3 baths · 1,572 sqft
Nestled in the heart of Tampa, this stunning ranch-style home offers the perfect blend of Florida charm and comfort. The single-story layout spans over 1,500 square feet, featuring 3 bedrooms and 2.5 bathrooms, with no HOA on a generously proportioned lot. The spacious master bedroom features a walk-in closet and an en-suite bathroom with a double vanity and a spa-like shower; two additional bedrooms share a well-appointed bathroom. Outside, the fenced-in backyard awaits, a private retreat ideal for pursuing outdoor hobbies or simply enjoying some sunshine in peace. The versatile enclosed outdoor space and patio add to the allure, providing a serene space for outdoor dining and an excellent opportunity for potential expansion and entertaining which could easily be converted to create additional living space, a guest suite, or a home office with a convenient outdoor half bathroom, sink with cabinets ensuring guests don't need to enter the main house. The extensive parking options make this home ideal for owners with multiple vehicles, recreational vehicles such as RVs, Boats or Jet ski's and extra guest parking. The HVAC, water heater, and fence were replaced in 2023. No Flood insurance! Conveniently located 1 minute from the Tampa Zoo and 11 minutes from Downtown Tampa.
Source: STELLAR #tb8313641
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8313641
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: #tb8313641
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.