**Take a VIRTUAL VIDEO TOUR of this home now at www.2837MapleBrook.com** Welcome home to this gorgeous 2011 home in the highly sought after gated Sweetgrass section of Stonebrier in beautiful Lutz, FL. Situated on a tranquil, waterfront lot, this home is zoned for one of Hillsborough county’s premier school districts – all A-rated schools (McKitrick/Martinez/Steinbrenner)! With nearly 2,100sqft of living space, this home features 3 bedrooms plus office (possible 4th bedroom), 2 full baths and a split bedroom, open-concept floor plan. As you arrive, you’ll find beautiful curb appeal with a freshly painted exterior and a large 2-car garage. Upon entering, you’ll find a spacious foyer, crown molding in the formal areas and new 24” porcelain tile floors throughout – no carpet anywhere! Just off the foyer are glass French doors that open to the home office (possible 4th bedroom). Further down the hallway is the large living room. Down the hallway from the living room are the 2nd and 3rd bedrooms that share the full 2nd bath, complete with granite counters and a tub/shower combo. The gourmet kitchen includes city stacked 42” cabinets with crown molding, a glass tile backsplash, thick granite counters, closet pantry and a breakfast bar. The stainless-steel appliances have been recently replaced and include a 4-door, French door refrigerator and Wi-Fi convection oven with air fryer feature. The casual dining area adjacent to the kitchen provides great backyard water views. The open concept floor plan has the large family room next to the kitchen and provides a perfect entertaining area and the Sellers are including the 65” TV. For maximum privacy, the primary suite is located at the back of the home and includes a large bedroom with water views, a ceiling fan and walk-in closet. The primary bath includes double vanities, granite counters, a garden tub and separate walk-in shower. Head outside the sliding glass doors to the backyard. It currently has a concrete patio and plenty of room for a future private pool or large screened lanai. A spacious laundry room has storage shelving, utility sink hook-up and the washer/dryer are included with the home. Additional upgrades include a brand-new water heater, water softener, upgraded light fixtures, newer garbage disposal, Ring security system, a Wi-Fi-enabled sprinkler system and Tesla EV charging system. Enjoy resort quality community amenities including a zero-depth pool w/splash area, waterslide, poolside cabanas & lounge chairs, playground & 24-hr fitness center. Stonebrier also features community basketball, soccer & cricket fields along w/lots of lakes, ponds & conservation views.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
