8556 Tidal Bay Ln, Tampa, FL 33635
4 beds · 3 baths · 2,560 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Nestled in the Westchase area lies a remarkable gem: a stunningly modern home, built in 2002, that embodies the perfect blend of comfort, and convenience. This spacious 4 bedroom, 2.5 bath residence is everything you've dreamed of. Unlock the door to upscale living. This home greets you with a great curb appeal. As you enter the Great Room/Dinning Room with an open floor plan, luxury vinyl floors throughout and a walk in master closet with ample space. Step outside to your covered lanai, a view of the pond to really enjoy outdoor gatherings. Country Chase's amenities, including a beautiful community pool and playground, elevate your living experience without the burden of CDD fees. This home’s location is unparalleled. Just minutes from West Park Village, which is filled with vibrant retail and dining experiences. Accessibility is key, with Downtown Tampa only 20 minutes away, beaches within a 20 minute reach, and Tampa International Airport just 15 minutes from your doorstep. For those who value education, both public and private A-rated schools are less than 10 minutes away. Shopping enthusiasts will revel in the proximity to Whole Foods, Costco, three malls, and more. This home isn't just a residence; it's a lifestyle choice for those who seek the best in location, comfort, and community. Embrace the life you've always wanted. Welcome home. *Preferred lender offering concession towards closing costs or buy down. *
Source: STELLAR #TB8357271
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8357271
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.