8240 Greenleaf Cir, Tampa, FL 33615
4 beds · 3 baths · 1,905 sqft
Home Sweet Home! Four bedroom three bath home with an IN-LAW SUITE. Welcome to this meticulously renovated property that embodies everything you've been searching for and more. This home is perfect for investors, first-time homebuyers, growing families, and beyond, this versatile property offers endless possibilities. Whether you choose to live in one unit and rent out the other, occupy both, or explore other options subject to government approval, this property provides the flexibility to suit your needs. The newly renovated kitchen is a culinary masterpiece, featuring stainless steel appliances, a spacious center island and exquisite granite countertops. The backyard is a tranquil retreat With a great storage space and access for a small boat or travel trailer. BONUS IN-LAW SUITE. Enjoy endless flexibility for rental income, extended family stays, or a private retreat. Enjoy ample room to spread out in this one-bedroom suite, complete with a comfortable living area, well-appointed kitchen and full bath, ensuring privacy and convenience for guests or family members. Your guests can relax and unwind in the suite's private outdoor seating area, surrounded by vinyl fencing for added seclusion and tranquility. Benefit from separate air conditioning from the main home. Whether you're seeking additional income opportunities or simply desire a separate space for guests or loved ones, this bonus in-law suite offers the perfect solution. Make your showing appointment now before it’s gone!
Source: STELLAR #tb8324460
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8324460
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.
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.
MLS ID: #tb8324460
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.