9358 RALLY SPRING LOOP, Wesley Chapel, FL 33545
Discover the epitome of modern living in the desirable Epperson community with this exquisite 2021-built home, boasting 1,840 square feet of thoughtfully designed space. This residence encapsulates the perfect blend of comfort and elegance, offering three bedrooms, two and a half bathrooms, and a myriad of amenities tailored for luxurious living. As you step inside, the first floor welcomes you with an open floor concept that seamlessly merges the kitchen with the living and dining areas, creating an expansive space for gatherings and daily activities. The kitchen, a chef's delight, features a breakfast bar, a spacious pantry, and direct access to a 2-car garage, making it as functional as it is beautiful. Adjacent to the front door, a convenient half bathroom adds to the layout's practicality. Natural light floods the space through glass sliding doors in the dining room, leading to a large, fenced backyard that promises privacy and tranquility. The outdoor area is an entertainer's dream, featuring an awning-covered patio complemented by a custom outdoor kitchen/grill and a cozy fireplace, offering the perfect backdrop for memorable gatherings. (Upstairs), the private quarters (include all three bedrooms), ensuring a peaceful retreat from the day's activities. The master bedroom stands out with its spacious walk-in closet and an en-suite bathroom equipped with a stand-up shower and a double sink vanity for ultimate comfort. The additional bedrooms, each with built-in closets, share a full bathroom with a shower-tub combo, catering to both convenience and style. A strategically placed laundry room on the second floor adds to the home's thoughtful layout, emphasizing ease of living. The Epperson community enriches this home's appeal with its plethora of amenities, including a playground, a dog park, walking trails, and the crown jewel, Epperson Lagoon. The master community offers a clubhouse and an array of lagoon activities such as kayaking, a beach, and floaties, making every day feel like a vacation. (The Kirkland K-8 Charter School just a few blocks away and opening Aug. 2024!) This home is not just a residence; it's a lifestyle offering unparalleled comfort, luxury, and community amenities. It's an invitation to indulge in the best of modern living, all within the embrace of the coveted Epperson community.
You may be able to put down less than the total down payment amount of $159,790 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: #t3514894
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.