7335 Forest Mere Dr Riverview, FL 33578
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About this home
Welcome to this beautifully updated 3-bedroom, 2-bathroom home in the highly sought-after Oak Creek community of Riverview! From the moment you step inside, you’ll love the bright, open-concept layout featuring gorgeous wood look ceramic tile flooring (2021) that flows effortlessly through the main living spaces. The spacious living and dining areas are ideal for both everyday living and entertaining, while the chef’s kitchen steals the show with rich espresso cabinetry, sleek stone countertops (2021), stainless steel appliances (2021), and a convenient pantry closet. The split-bedroom design provides maximum privacy for the primary suite, tucked away at the back of the home. Here, you’ll find a spa-like retreat complete with dual sinks, a soaking tub, separate shower, private water closet, and a large walk-in closet. Two additional bedrooms and a full bath are located at the front of the home, making them perfect for guests, family, or a home office. Enjoy the Florida lifestyle outdoors on the screened lanai or host BBQs in the fully fenced backyard. Smart-home features allow you to control lighting, ceiling fans, and the garage door right from your phone, plus you’ll have extra peace of mind with the included security camera system and video doorbell. A brand-new HVAC system (2025) adds comfort and value. As a resident of Oak Creek, you’ll have access to a sparkling community pool, playground, and dog park. All of this with an unbeatable location close to HWY 301 and I-75, offering an easy commute to Tampa, Brandon, and surrounding areas—plus shopping, dining, and entertainment just minutes away.
Source: STELLAR #TB8425937
Loan details
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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.