9885 55th Way N, Pinellas Park, FL 33782
3 beds · 3 baths · 1,445 sqft sqft
Nestled in the heart of highly sought-after Pinellas Park, this fully remodeled, move-in-ready gem is a dream come true! Located in a high and dry area, this home offers peace of mind as it sits outside of a flood zone, and to top it off, there’s no HOA to worry about! Step inside and fall in love with the beautifully designed 3-bedroom, 3-bath home, featuring an open-concept layout that welcomes an abundance of natural light. The thoughtful split floor plan ensures privacy for all, making it perfect for anyone seeking a balance between openness and seclusion. Every important upgrade has been taken care of for you! The roof, A/C, water heater, electric panel (arc-fault), impact windows, and insulation were all updated just three years ago, ensuring modern comfort and safety. The plumbing has also been recently updated, so you can move in with complete confidence. Location, location, location! This home is minutes from shopping, dining, and entertainment hotspots, as well as easy access to major highways like the Gandy Bridge, I-275, and US 19. A quick 20-minute drive will take you to Tampa International Airport, and you're just a short trip away from St. Petersburg, Clearwater, and some of Florida's most beautiful beaches. Don’t miss your chance to make this stunning home yours—schedule a showing today and prepare to fall in love!
Source: STELLAR #tb8309410
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8309410
Source: Public records
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: #tb8309410
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.