This is not your average builder home. A whole lot of upgrades and model-worthy finishes await you. From the moment you arrive, the expanded paver driveway, professional landscaping/lighting, and striking glass-insert front door signal that every detail of this Pallazio floor plan has been thoughtfully curated — and the interior delivers on that promise in every room. Set within the sought-after, gated community of Esplanade at Artisan Lakes in the heart of Parrish's rapidly growing corridor, this home sits at an elevation of 33 feet — meaning no flood insurance required — on a generous, private .24-acre pie-shaped lot with tranquil pond views. This street is also less frequented due to the cul-de-sac. Step inside and you're greeted by designer lighting, marble tile accent walls, and custom mirrored dining space. The kitchen is loaded with storage and its extra large island is the centerpiece for entertaining. The main living area is equipped with professional 7.0 surround sound system, motorized shades flow seamlessly across the great room and kitchen, and ceiling fans and TVs are installed throughout — nothing was left as an afterthought. The attention to detail continues throughout the home with an instant hot water system, reverse osmosis water filtration, and full cabinetry in the laundry room. The secondary bathroom has been recently upgraded well beyond standard finishes, and hurricane-impact glass windows and doors throughout provide peace of mind. The primary suite and bathroom provides spacious relaxation along with views of the pool and palm trees. Out back, the space is nothing short of a private retreat. A 625 sq. ft covered lanai extends your living space outdoors, where a heated saltwater pool with autofill system and a fully equipped outdoor kitchen await — all framed by peaceful pond views, lush tropical landscaping and the generous privacy that a pie-shaped lot affords. Whether you're entertaining or simply unwinding, this space was built for both. Even the garage received the upgrade treatment — epoxy-coated floors, extended garage length, two overhead storage racks, and a 50-amp generator plug make it one of the most functional in the neighborhood. A recent Wind Mitigation Report is also available, offering potential savings on homeowner's insurance. Beyond the home itself, Esplanade delivers a true resort lifestyle with maintenance-free living, two amenity centers, three pools, eight pickleball courts, four tennis courts, and a vibrant social calendar. All of this in one of Florida's fastest-growing communities, with new hospitals, expanding dining and retail, and easy access to I-75, I-275, and US-41 — putting St. Petersburg, Tampa, Sarasota, and the Gulf Coast beaches well within reach. Furniture and rugs available separately — potential turnkey opportunity.
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.
