Welcome to this beautifully upgraded Pallazio model offering over 3,000 square feet of thoughtfully designed living space, perfectly positioned to capture breathtaking, unobstructed views of a serene pool and conservation area. This exceptional home features 3 spacious bedrooms, 3 full bathrooms, and a versatile flex room, all centered around a grand open-concept living area. The main living space is enhanced by two oversized sliding glass doors that seamlessly blend indoor and outdoor living, opening to a spectacular pool, spa, and outdoor retreat. Step outside onto the impressively oversized 31' x 17' structurally enhanced lanai, complete with handsome terrazzo flooring and pre-plumbed for natural gas, water, and electric—creating the perfect foundation for your dream outdoor kitchen. Inside, the gourmet kitchen is a true centerpiece, featuring a massive island with base cabinetry on both sides, extended cabinetry, and a cozy dinette area—ideal for both entertaining and everyday living. The luxurious primary suite is designed to impress, offering elegant bay-style windows, a spacious en-suite bathroom to include jetted tub, massive counter space, double sinks and a large walk-in closet. Bedroom two includes its own private en-suite bath with a walk-in shower, while bedroom three also features charming bay windows and convenient access to its full bathroom. The flexible bonus room is currently outfitted with a custom bookcase/Murphy bed combo, making it perfect as a home office, guest space, or additional living area. The Murphy bed and bookcase may convey at the buyer’s preference. All windows are Hurricane impact windows, along with Storm Smart shades along the back of lanai opening. Some other special features include: •Leaf Guard on all Life time guaranteed Gutters•Upgraded landscaping•Plantation shutters on all windows•Whirlpool tub in Master bath•Extended garage depth•Top of the line Screen on pool cage•Upgraded speaker system in main room and lanai. And to top it off, the exterior has been recently painted, making this showcase truly move-in ready. This home sits on a lovely lot on a quiet street ending in a cul-de-sac, which helps keep traffic to a minimum. Location, location, location! With easy access to I-75, I-275, and US 41, you can get anywhere you need to be in this greater Tampa/Sarasota area! The community HOA includes cable TV, internet, and exterior yard and landscape maintenance, along with two gorgeous resort-style amenity centers, pools and events. Residents also enjoy bocce ball, tennis, pickleball, and an amazing workout facility. This home combines luxury, comfort, and stunning natural surroundings—truly a must-see.
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.
