10626 Laguna Plains Dr
Riverview, FL 33578
4 beds · 2 baths · 1,993 sqft
$389,999
Get prequalified10626 Laguna Plains Dr
Riverview, FL 33578
4 beds · 2 baths · 1,993 sqft
$389,999
Get prequalifiedWelcome to 10626 Laguna Plains Dr in the desirable Medford Lakes community of Riverview! This beautifully maintained 4-bedroom, 2-bath home offers a spacious open floor plan that’s perfect for both everyday living and entertaining. Enjoy a light and airy living space that flows seamlessly into the kitchen and dining area, creating a welcoming environment for family and friends. Step outside to a screened-in porch overlooking a peaceful backyard green space with serene pond views, where you may even catch a glimpse of cows grazing or laying in the nearby pasture, adding a charming countryside touch to your suburban retreat. Whether you're sipping coffee on the porch or hosting friends and family, the tranquil outdoor setting makes this home truly special. Residents of Medford Lakes also enjoy access to a community pool, perfect for cooling off on hot Florida days. Conveniently located near shopping, dining, and schools, this home blends comfort, nature, and neighborhood amenities into one perfect package. SELLERS ARE HIGHLY MOTIVATED DUE TO RELOCATION, BRING ALL OFFERS! Don’t miss your chance to call this beautiful property home, schedule your private showing today!
Source: STELLAR #TB8382365
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.