906 HACIENDA DR, Sun City Center, FL 33573
Welcome to this WELL MAINTAINED AND MOVE IN READY, one level home located in this 55+ home in Sun City Center. Updates include new roof in 2024, Hurricane Windows 2024, New paint inside and out in 2023, new flooring in Family room, New storm proof door, all LED lighting, new vinyl privacy fence and expanded driveway for your motor home and toys. This home offers spacious bedrooms, large kitchen and living room (or dining room if you prefer). Family room has new laminate flooring. There is an attached storage room and inside laundry room. The back yard is spacious with a new Vinyl privacy fence. Sun City Center is a haven for active 55+ adults with multiple activities. As a member of Sun City Association, you have access to a large fitness center, indoor/outdoor pools, tennis courts, dog parks, horse shoes, pickleball, lawn bowling and over 200 clubs which include travel, gardening, ceramics, computer, numerous card clubs and a dance club. You are a short distance from all the fabulous amenities Sun City Center, Publix, the Sun City Center Plaza and everything you will ever need. Sun City is well known for its world class amenities and social opportunities. Residents can enjoy year-round activities and lifestyle that Florida offers. Sun City Center has the best medical facilities which includes a hospital and almost any specialist you will ever need. Sun City Center is one of Florida’s most affordable active living senior communities with 5 golf courses, shopping, banking, restaurants and endless entertainment opportunities. Low taxes and low crime make this self-sufficient, debt free retirement community a hidden gem. Located minutes from Tampa Airport and convenient cruise port, this is Florida living at its best.
You may be able to put down less than the total down payment amount of $73,839 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: #t3519795
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.