8235 BIRD WHISTLE LN, Land O Lakes, FL 34637
PRICE IMPROVEMENT! SELLER OFFERING $5000 TOWARDS BUYER'S CLOSING COSTS OR RATE BUY DOWN. CORNER LOT! Welcome home to the highly sought-after RESORT-STYLE neighborhood in Connerton Village. This spacious 5-bedroom 3.5-bathroom 3-CAR GARAGE home has 3,777 square feet of living space and offers many comforts for a luxurious living experience. A BUTLER pantry connects to the expansive GOURMET kitchen featuring QUARTZ countertops, stainless steel appliances, DOUBLE mounted OVENS, a gas range, and an oversized prepping island which includes a sink. The CENTER ISLAND overlooks the large family room making it ideal for entertaining. The FIRST FLOOR also features the master bedroom with an extravagant ensuite bathroom with a SOAKING TUB, separate shower, dual sinks and a great walk-in closet. The family room has a built in 75-inch TV and electric fireplace. On the second floor, there is an OVERSIZED LOFT perfect for movie nights or gaming area, as well as four bedrooms offering plenty of space. The Loft area has a pool table that will stay. The huge three car tandem garage has been upgraded with additional outlets and is pre-wired for electric car charger. This home is located across the street from a convenient park, playground, and dog park. CONNERTON offers lots of amenities: temperature-controlled lap pool, playgrounds, fitness center, outdoor amphitheater, and tennis, volleyball and basketball courts. Its clubhouse serves as the social hub of the community complete with an impressive pool and SPLASH PARK. Make an appointment to PREVIEW your DREAM HOME! MORE PHOTOS COMING SOON!
You may be able to put down less than the total down payment amount of $192,485 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #o6204956