8966 60th Way N, Pinellas Park, FL 33782
4 beds · 2 baths · 1,474 sqft
Under contract-accepting backup offers. PROPERTY CAN QUALIFY FOR A SPECIAL 0% DOWN PAYMENT FHA FINANCING (Not a down payment assistance program). SELLER MOTIVATED! Welcome to your meticulously maintained home, nestled in the equestrian area of Pinellas Park were you'll be embraced by lush vegetation and the tranquility of nature. Designed with a charming barn aesthetic that exudes rustic farmhouse appeal from the covered front porch that stretches the width of the house throughout the inside. The fantastic layout features 4 bedrooms and 2 full baths spread across both floors maximizing privacy. The living room boasts soaring two-story barn ceilings with exposed wooden beams, and a recently updated floor-to-ceiling stone fireplace. The updated kitchen features custom matte finish granite countertops with a tile backsplash, electric appliances, and farmhouse sink. The owners style suite is distinguished by dual sliding barn doors that open to a spacious walk-in closet, which can be transformed into a nursery, office, or bonus room. One bedroom currently serves as a den with convenient access to the pool area. The centerpiece of this property is the expansive outdoor living space featuring a screened in pool, fire pit, vibrant landscaping, and a covered area perfect for relaxing, watching TV, or entertaining. The spacious yard has an irrigation system utilizing reclaimed water. This extraordinary property showcases impeccable maintenance and attention to detail, from top to bottom. It is truly a must-see.
Source: STELLAR #t3536882
Source: STELLAR #t3536882
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: #t3536882
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.