7026 Gulf Cypress Ave, Land O Lakes, FL 34637
4 beds · 3 baths · 2,854 sqft
Welcome to 7026 Gulf Cypress Ave! Modern 4-Bedroom Home with Pool and Smart Features in Land O' Lakes. Experience unparalleled sophistication and modern luxury in this magnificent 2-story residence, meticulously crafted in 2022. Nestled in the sought-after community of Land O’ Lakes, this 4-bedroom, 2.5-bathroom home encompasses 2,854 square feet of refined living space designed to elevate your lifestyle. The expansive floor plan is complemented by a grand foyer, formal and informal living areas, and a versatile office space—all crafted with exquisite attention to detail. The large loft area provides an ideal setting for relaxation or entertainment. Chef’s dream kitchen! This culinary haven showcases sleek matte charcoal stainless steel Cafe GE smart appliances, including a dishwasher, fridge, double oven, and microwave. The kitchen is adorned with elegant quartz countertops and a striking full-wall quartz backsplash, while the island, featuring a dramatic waterfall quartz edge, is a centerpiece of both style and functionality. Retreat to the master bathroom, a serene sanctuary with dual sinks and a stand-up shower accompanied by a waterfall shower head and a detachable shower wand, adorned with a sumptuous stone floor. Embrace cutting-edge technology with a brand-new water softener and smart appliances throughout the home, including LG washer and dryer in the dedicated laundry room. Step outside to discover a newly installed pool, ideal for relaxation and entertainment. The outdoor space is enhanced by the option to include elegant outdoor furniture for an additional $1,500, ensuring a seamless transition from indoor to outdoor living. This home is a harmonious blend of modern amenities and classic elegance, perfectly designed for discerning homeowners seeking both luxury and practicality. There are also ADT security cameras at the head of the property as well as in the rear that accompany this beautiful home.
Source: STELLAR #t3548315
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3548315
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: #t3548315
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.