805 Woodcarver Ln, Brandon, FL 33510
4 beds · 4 baths · 2,688 sqft
Welcome to your dream home in the heart of Brandon! (Back on the market after 2 accepted offers fell through due to buyers' departure residences not selling.) This stunning four-bedroom, four-bathroom pool home is situated on an expansive lot spanning over a third of an acre. All bedrooms are conveniently located on the main floor, ensuring ease and accessibility. Upstairs, you'll find a spacious bonus room with a full bathroom, perfect for use as a fifth bedroom, theater, or game room. Nestled in a gated community with no CDD fees, this home offers both security and exclusivity. The interior features formal and informal living rooms, providing ample space for entertaining. The kitchen is a chef's delight, adorned with solid wood cabinets and granite countertops, and overlooks the pool and family room. A separate laundry room includes a washer and dryer for your convenience. Recent upgrades include a new roof (with a waterproof liner and a 50-year warranty) installed in 2019, and a new AC system installed in 2020. The entire home has been freshly painted throughout, including ceilings and trim, in 2024. All tile floors have been cleaned and refreshed, and new carpet was installed on the stairs leading to the bonus room - also in 2024. This home's location is unbeatable, situated amidst a plethora of restaurants, shops & the Brandon mall. It is only eight minutes to Brandon Hospital, 8 minutes to I275 and the Selmon Expressway, 16 minutes to downtown Tampa, and 25 minutes to Tampa International Airport. Don't miss this opportunity to own a piece of paradise in one of Brandon's most sought-after neighborhoods. (Green Corridor Property Assessment (PACE) of approx $4k per year was added to property taxes and the balance will be paid off at closing by Seller. Inquire with agent for any additional questions.)
Source: STELLAR #T3532230
Financials
Source: Public records
Source: STELLAR #T3532230
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.