7013 Summer Holly Pl, Riverview, FL 33578
3 beds · 3 baths · 1,400 sqft
NOT APPROVED FOR A LOAN CALL NOW TO SEE HOW YOU CAN STILL BU THIS HOME! LOW HOA, NO CDD! Experience the charm of this Taylor Morrison Jasmine model, now available with a Lease Option or traditional sale. Ideal for first-time homebuyers. Upon entering, you're welcomed by an inviting open floor plan that seamlessly connects living spaces. Gorgeous Kitchen: Adorned with matching granite countertops, the kitchen features elegant ivory 42" cabinets and opens directly into a spacious living area, perfect for entertaining or family time. Outdoor Living: Step out from the living room to a screened-in lanai where you can enjoy Florida's outdoors in comfort. Upstairs: A versatile loft area awaits, ideal for a home office or reading nook. The master suite is generously sized to accommodate a King bed, complete with a large walk-in closet equipped with a smart home console for your tech needs. Master Bath: Offers luxury with dual vanity sinks and a spacious walk-in shower. Security Features: The home is equipped with hardwired door and window sensors, plus a doorbell camera for added peace of mind. Storage Solutions: Discover extra storage under the stairs, perfect for holiday decor or seasonal items. Community Amenities: The community pool is just steps away at the end of the street. Prime Location: Elm Ridge at Oak Creek is strategically positioned near major routes like US 301, I-75, and the Crosstown Expressway, providing easy access to dining, shopping, and recreation. Don't miss the chance to own this gem.
Source: STELLAR #TB8325972
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8325972
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.
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.
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.
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.