7226 Onyx Dr N, Saint Petersburg, FL 33702
2 beds · 2 baths · 1,051 sqft
Welcome to this delightful home that exudes warmth and functionality. As you approach, a quaint covered porch greets your guests, providing a welcoming entryway for family and friends. Step inside to discover a light and airy open living, dining, and den area—ideal for versatile living. This space can easily be transformed into a home office, playroom, or additional lounge area, making it perfect for any lifestyle. With ample room for hosting holiday gatherings, this inviting atmosphere is designed for both entertaining and relaxing with loved ones. Convenience is key with a side carport, ensuring that grocery days are hassle-free while offering added protection for your vehicle. The home features two bedrooms and two nicely updated baths, combining comfort with modern touches. The expansive rear yard is a blank canvas, inviting your gardening aspirations—imagine a flourishing vegetable garden, perhaps a few chickens, or ample space for a pool, swing set, and pets. Tile flooring throughout the main living areas enhances durability, while cozy carpeting in the bedrooms keeps your feet comfortable. Recent upgrades include a newer air conditioning system and refrigerator, ensuring modern efficiency. The roof is brand new! as is the Water Heater. The rear yard is partially enclosed with privacy fencing, complemented by a chain link perimeter for added security and visibility. Ideally located just minutes from Meadowlawn Park, the Willis S. Johns Recreation Center, and a variety of shopping and dining options, this home offers easy access to I-275, making it a perfect retreat in a vibrant community. Don’t miss the opportunity to make this charming property your own!
Source: STELLAR #tb8304089
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8304089
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: #tb8304089
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.