11016 Stone Branch Dr Riverview, FL 33569
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About this home
One or more photo(s) has been virtually staged. Step into your own private paradise! This exceptional home offers the ultimate backyard escape, featuring a newly installed HEATED POOL & SPA (2019), expansive screened lanai with paver patio and bar, and serene pond views that will captivate from the moment you step outside. Inside, this well-maintained and freshly painted home offers 1,992 sq. ft. of living space with ceramic tile flooring throughout. The versatile layout includes a split bedroom plan with 3 bedrooms, 2 baths, an office/flex room, and a formal dining room. The kitchen provides plenty of cabinetry, a breakfast bar, pantry, and a dining area overlooking the pool and pond. The spacious living/family room is open to the kitchen, creating the perfect space for gathering and entertaining. Tinted sliding glass doors lead directly to the lanai and pool area, blending indoor and outdoor living. The primary suite features a spa-like bath, stall shower and a large walk-in closet with custom built-ins. Two additional bedrooms with custom closet systems share a hall bath with direct pool access for added convenience. The home also includes a 2-car garage and a NEW ROOF (2022). It has been well cared for and is move-in ready. Located in the popular Rivercrest community of Riverview, residents enjoy fantastic amenities including 2 resort-style pools, tennis courts, playgrounds, clubhouse, and more, all within minutes of shopping, dining, and top-rated schools. This home truly combines resort-style outdoor living with everyday comfort inside and is a must-see.
Source: STELLAR #TB8432205
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.