7988 Ravenwood Cv, Spring Hill, FL 34606
3 beds · 2 baths · 1,701 sqft sqft
Are you looking for a home that offers accessibility for commuting? Nearby amenities including medical, shopping, restaurants and fun spots such as Weeki Wachee Springs State Park, Hernando Beach, Pine Island to name but a few, then this home is centrally located in the Berkeley Manor community off US-19 in Spring Hill! What's more is that this home has a Pool! Get your swimwear at the ready! As you approach the home, you notice the mature shrubs that frame the exterior path that leads up to the home. As you walk the paved driveway, don't miss the Garage Screen Door! Entering the home, look up to the tall ceilings, wood beam and straight ahead to the wood burning fireplace for those cozier winter evenings. The sense of space within the Living and Dining area is great for entertaining! The kitchen benefits from ample counter space, a separate breakfast area and even a small built-in desk! You can work, cook and chat with family and guests all at the same time! Thinking about relaxing? Then how about taking a dip in your pool? The pool, which is Solar heated, under the screened in pool cage, and with a spacious outside seating area to accommodate loungers, chairs, BBQ and more! The 3-Bedrooms and 2- Bathrooms are split plan and the home benefits from an interior laundry, leaving ample room in your 2-Car Garage! Within 20 minutes of the Suncoast Parkway and minutes to the US-19, your commute to Tampa is within 90 minutes. Give me a call to schedule your tour!
Source: STELLAR #u8253928
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8253928
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: #u8253928
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.