691 Challice Dr, Spring Hill, FL 34609
3 beds · 3 baths · 2,601 sqft
Modern Elegance & Family-Friendly Living in Crown Pointe take advantage of the 3.875 Assumable VA Loan. Experience the perfect blend of contemporary design, high-tech smart home features, and family-friendly living in this customized 2016 William Ryan home in the sought-after Crown Pointe community. This upgraded reverse Sandestin model offers 3 bedrooms, a den/office, an extended bonus room, providing flexible space for a home office, playroom, homeschool area, or even additional bedrooms (5), perfect for growing families or multi-generational living. From the moment you step inside, you’ll be impressed by soaring 10-ft ceilings, 8-ft doors, crown molding, and stylish wood-look plank tile throughout the main living areas. The spacious, open floor plan is designed for both everyday living and entertaining. The gourmet kitchen is a chef’s dream, featuring 42-inch cabinetry, granite countertops, a mosaic tile backsplash, stainless steel appliances, pendant lighting, and a large dining nook—ideal for family meals and gatherings. The primary suite is a private retreat, complete with a bay window extension, oversized walk-in closet, and spa-like ensuite featuring a walk-in shower, soaking tub, and dual-sink vanity. The split-bedroom layout ensures privacy for family members and guests, while three 72-inch ceiling fans in the living room, primary bedroom, and bonus room enhance comfort year-round. Smart Home Features & Upgrades: Premium in-ceiling wired surround sound in the living room for immersive entertainment In-wall routed connections for smart TVs (living room, primary bedroom, and bonus room) Server rack in the primary closet with Cat6 wiring to every room for seamless connectivity Ceiling drops for wireless access points, ensuring strong Wi-Fi throughout the home Security system with six Ethernet cameras, motion sensors, and glass-break detectors Family-Friendly Features & Outdoor Living: Top-rated schools nearby, including Suncoast Elementary, Powell Middle, and Nature Coast Technical High School Spacious backyard with full vinyl fencing—perfect for pets Extended covered lanai for outdoor dining, barbecues, and relaxation Oversized 3-car garage with ceiling-mounted storage and epoxy flooring 10’x8’ shed in the backyard for extra storage or a hobby area Whole-house water softener for improved water quality Prime Location & Community Perks: Crown Pointe is a deed-restricted community known for its peaceful atmosphere, friendly neighbors, and convenient access to local amenities. Families will love the proximity to parks, sports fields, and nature trails at Anderson Snow Park. Commuters will appreciate the easy access to the Suncoast Parkway, making travel to Tampa and the international airport effortless. With shopping, dining, and entertainment just minutes away, this move-in-ready home is an exceptional opportunity. Buyers and their agents are responsible for verifying all information, including but not limited to square footage, HOA rules, school zoning, and features. Information is deemed reliable but not guaranteed. Don’t wait—schedule your private tour today and make this dream home yours!
Source: STELLAR #O6292425
Financials
Source: Public records
Source: STELLAR #O6292425
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.
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 “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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.