Hidden within the exclusive enclave of Emerald Creek, a boutique community of only 17 custom residences. Set among mature tropical landscaping and swaying palms, the property commands attention with its distinctive architecture, impeccable maintenance, and thoughtful updates throughout. Equally noteworthy is the significant investment made in the home's infrastructure and systems. Recent improvements include a new roof, three Carrier HVAC systems with transferable warranties, updated water purification equipment with reverse osmosis, new hurricane-rated windows and sliding glass doors throughout, new hurricane-rated front entry doors, upgraded pool heater and saltwater pool pump, irrigation enhancements, Leaf Filter gutter protection with a transferable lifetime warranty, updated bedroom flooring, and numerous additional improvements that reflect the exceptional care this property has received. Rich custom woodwork, handcrafted cherry and oak cabinetry, extensive millwork, soaring 12-foot ceilings, and architectural accents create a warm yet sophisticated atmosphere that is both elegant and inviting. Just off the foyer, two spacious front rooms provide incredible flexibility to suit your lifestyle. Whether envisioned as dual home offices, a formal dining room and private study, a music room, library, hobby space, or additional gathering areas, these versatile rooms can easily adapt to your needs. At the center of the home, the chef's kitchen was designed to impress, offering premium Viking appliances, including a gas range, dual oversized islands, abundant custom cabinetry, and a spacious walk-in pantry featuring handcrafted shelving. Whether hosting large gatherings or enjoying quiet evenings at home, the layout flows effortlessly into the surrounding living and entertaining spaces, where custom finishes and a striking double-sided fireplace create an unforgettable setting. The owner's retreat is a private haven, complete with a fireplace, dual walk-in closets, detailed crown molding, and a luxurious bath featuring an oversized tumbled marble shower. Three additional bedrooms provide comfortable accommodations, while the home's unique guest quarters offer exceptional flexibility. A wonderful feature of the home is the expansive Florida sunroom, complete with a full kitchen, living area, and dining space—creating the perfect setting for entertaining, holiday gatherings, game days, or simply enjoying Florida living year-round. Beyond, the property transforms into a resort-inspired retreat. A sparkling saltwater pool and heated spa are surrounded by lush landscaping, creating an atmosphere of complete privacy and relaxation. Integrated speaker wiring, security enhancements, and landscape lighting further enhance the outdoor living experience. A private irrigation well supports both the pool and the beautifully maintained grounds, providing an efficient and valuable resource for the property. The oversized three-car garage is equally impressive, offering extensive built-in storage, newer garage doors, and a custom staircase leading to substantial attic storage above. Ideally located near major commuter routes, premier golf courses, upscale shopping and dining, Tampa International Airport, and Florida's award-winning Gulf Coast beaches, this exceptional residence offers the perfect balance of privacy, convenience, and luxury living. A truly one-of-a-kind custom estate where timeless design meets modern peace of mind.
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.
