7917 N Woodlynne Ave, Tampa, FL 33614
3 beds · 2 baths · 1,397 sqft sqft
This beautifully remodeled 3-bedroom, 2-bathroom home in the heart of Tampa Bay is move-in ready! With a modern design and a spacious layout, this home has everything you need for comfortable living. The remodeled kitchen features sleek wood cabinets, granite countertops, and stainless steel appliances. Both bathrooms have been updated with modern finishes and fixtures, giving them a luxurious feel. The property comes equipped with a security camera system, providing added peace of mind for you and your family. Enjoy the outdoors in your stunning backyard, complete with an above-ground pool—perfect for cooling off on hot Florida days. The property also boasts solar panels with battery storage, meaning your home will stay powered even during outages, making it energy-efficient and reliable. Additional updates include new plumbing throughout, ensuring worry-free maintenance for years to come. The roof was fully replaced in 2019, adding even more value to this incredible home and New AC unit was installed on 2022.This home offers modern conveniences, energy efficiency, and a prime location! Schedule your tour today!
Source: STELLAR #tb8307791
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8307791
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #tb8307791