7155 Hatpin Loop, Wesley Chapel, FL 33545
7 beds · 6 baths · 5,452 sqft
Exceptional living starts here in the MI Homes Grandsail III behind the gates of Summerglade at Watergrass! Enter your new home with it's park view through the two story foyer & feel welcomed by this expansive home with room for everyone. First floor features a flex room perfect for an office space and a formal dining room just off the butler's pantry. The living room & kitchen offer an open floorplan with additional informal dining area with views of the privacy landscaped backyard. First floor has the primary ensuite with dual walk in closets, tub and shower, adorned by tray ceilings, and two vanity areas. An additional guest suite is accessible on the first floor with its own full bathroom. Kitchen is outfitted with stainless steel appliances, quartz countertops, & seating at the island for 4. This bright space is the perfect gathering spot for entertaining. The second floor has 5 additional bedrooms (one room currently being used as a media center), and a central loft. Each bedroom has its own walk in closet. Bedrooms 3 & 4, 5 & 6 have jack & jill baths. There are two half baths (one on each floor) and two laundry rooms (one on each floor), and a full wet bar in the second story loft. The floorplan is smart for multi-generational living. The yard has a privacy hedge surrounding the space & pool designs have been created in the attachments to show you the possibilities within your new home. Watergrass is home to its own elementary school and 3 additional charters close by. The Clubhouse is the hearth of the neighborhood where events and food trucks come throughout the year. Featuring two pools, tennis courts, basketball half court, meeting space and fitness center the Watergrass Club is our central meeting place. Travel up Overpass Rd to Promenade Park our second amenity center with third pool, huge playground, dog park, splash pad, and picnic areas with outdoor pavilion. Watergrass is located just 10minutes or less from I-75 and has immediate access to Publix, CircleK, Starbucks, and much more retail coming soon including Chick Fil A, a Vet office, nail salon and a daycare center. We welcome you to experience exceptional living in your new home!
Source: STELLAR #tb8308332
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8308332
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: #tb8308332
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.