9231 Freedom Hill Dr, Seffner, FL 33584
3 beds · 2 baths · 1,537 sqft
Our preferred LENDER is offering up to $3,000 TOWARDS YOUR CLOSING COST, making your dream home even more affordable! CALL FOR DETAILS! Welcome to this charming 3 bedroom, 2 bathroom, 2 car garage, one story house located in the highly sought-after FREEDOM RIDGE community! As you enter the home, you'll be greeted by a spacious and open concept floor plan. The living/dining area boasts a vaulted ceiling and huge windows that flood the space with natural light. The kitchen has granite countertops, island, and ample cabinet space. The living room is perfect for entertaining guests. The primary bedroom features an en-suite bathroom and large double vanity. The split bedroom plan ensures privacy for both family and guests. The two additional bedrooms features and plenty of closet space. Enjoy your mornings and evenings on the fully fenced landscaped backyard and cozy tiled patio, perfect for relaxing and enjoying the Florida sunshine. Situated on a conservation lot, you'll enjoy the serene beauty of the natural surroundings while still being just minutes away from major highways such as I-4 and I-75. Whether you're commuting to work or exploring the vibrant local area, this location offers ultimate convenience. Nestled in a charming Seffner neighborhood with no CDD and low quarterly HOA fees, revel in the tranquility of this convenient location. Enjoy easy access to downtown Tampa, MacDill AFB, Tampa International Airport, beaches, shopping, schools, and more! Don't miss your chance to make this stunning house your new home!
Source: STELLAR #O6295426
Financials
Source: Public records
Source: STELLAR #O6295426
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.