7291 Heather Sound Loop, Wesley Chapel, FL 33545
4 beds · 3 baths · 2,505 sqft
IMPROVED PRICE! VA Assumable Loan! Discover the perfect blend of luxury and comfort in this stunning Mediterranean Style Single Family Home. This well-maintained 4 Bedroom, 3 Bathroom home, nestled in the exclusive gated community of The Gardens at Watergrass in Wesley Chapel, FL. With a spacious 3 Car Garage, this home is perfect for families who need a little extra room for vehicles or storage. Step inside to find an open and inviting floor plan, designed with both entertaining and everyday living in mind. The master bedroom is your personal retreat, featuring his and hers walk-in closets and a serene view overlooking the sparkling pool. Start your day with a breath of fresh air and end it in the comfort of your private oasis. The true gem of this property awaits you outside! Imagine relaxing by your sparkling pool, enjoying the Florida sunshine, and grilling up a feast in your fully equipped outdoor kitchen. The screened lanai offers a tranquil space to unwind, keeping the bugs at bay while you savor the outdoors. This home is not just a place to live, but a lifestyle to cherish. The motivated seller is eager to find the right buyer who will appreciate the care and love poured into every detail of this beautiful property. Don’t Miss Out! This dream home won’t last long on the market. Schedule your private showing today and start imagining the wonderful memories you’ll create here.
Source: STELLAR #t3551185
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3551185
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 30-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: #t3551185
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.