9607 Lemon Drop Loop, Sun City Center, FL 33573
4 beds · 2 baths · 1,935 sqft
Get a free consultation call with an expert in the mortgage assumption process.
One or more photo(s) has been virtually staged. Corner Lot home in Belmont South! This beautiful 2020 build home is ready for you to call it home! The freshly painted interior and exterior welcomes you into this wonderful 4 bedroom, 2 bathroom home. Upon entering the home you will find a spacious foyer which ushers you into the spacious living room. The kitchen has a large breakfast bar/island and lots of space to entertain. The kitchen has darker cherry toned wood cabinets with complimenting dark countertops. Lots of counter space for your prep work as you cook on your gas stove. The dinning area is next to the kitchen and overlooks the backyard from the sliding glass doors. The primary bedroom is spacious and has been outfitted with new carpet. The primary bathroom has a double vanity, walk-in shower and private water closet. The primary bed/bath walk-in closet is Massive!! Lots of space for all your clothes and accessories! The additional 3 guest bedrooms can be found off the foyer. All three guest rooms are spacious and have also be outfitted with new carpet. The Guest bathroom is in the same hallway as the guest rooms and offers a tub/shower combo with nice vanity. The home also has a inside laundry room with shelving space for which could be expanded by the future owner for additional storage. The backyard is wonderful! Low maintenance artificial grass has been added with a modern paver stone design to the backyard. A paver stone walkway leads to the gazebo in the backyard where you can relax and look over the backyard that you don't have to mow! The home is equipped with a tankless gas water heater and 2 car garage. The front of the home has beautiful palms and fresh sod laid to tie it all together. The home adjoins an hoa maintained common area so you don't have a neighbor on one side. Come tour this beautiful home and see what potential it holds for you!
Source: STELLAR #GC523579
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 #GC523579
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 and Equal Opportunity Act.