7714 S West Shore Blvd, Tampa, FL 33616
4 beds · 3 baths · 2,281 sqft
Welcome to Port Tampa! A hidden gem located in South Tampa near MacDill Air Force Base. This beautiful home, which sat high and dry during both hurricanes Helene and Milton, has been meticulously maintained by the same owners since it was built. They have taken care of all the heavy lifting for you. The home has luxury vinyl tile throughout and the entire interior was just painted as well as the garage. The AC unit was replaced in 2022 and includes a sanitizing UV light. The entire ductwork was redone in 2021, making the home extremely efficient. An attic fan and ridge vents were also installed. The dishwasher is one-and-a-half years old, the garbage disposal was installed in 2024 and the stove is brand new. Plantation shutters were added two years ago. This home has a split floor plan with the primary bedroom in the back of the home, an additional bedroom on the first floor and the other two bedrooms and a giant loft upstairs. There is room for everyone in this home! It also includes an amazing and freshly updated screened-in entertaining space in the backyard. Lots of privacy on the end of this dead-end street, with the military base to the south, ensuring no home development next to you. The home includes gutters and proper drainage, an irrigation system in the front and back and space along both sides of the home for your furry friends to run. This home is absolutely turnkey and ready for its second owners.
Source: STELLAR #TB8338818
Financials
Source: Public records
Source: STELLAR #TB8338818
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.