This 4 bedroom, 3 bath POOL HOME is located in the Parkview village of the gated New Tampa community of ARBOR GREENE and sits on a PRIVATE CONSERVATION HOMESITE with mature trees and no rear neighbors. A double door entry opens to formal living and dining areas featuring seamless ENGINEERED HARDWOOD FLOORING that continues through the great room and kitchen. Just off the foyer, a PRIVATE OFFICE with French doors provides an ideal work from home space or quiet study. The UPDATED KITCHEN overlooks the great room and features newer cabinet fronts, countertops, and an updated sink and faucet. An island with seating and stainless appliances provide functionality for everyday living and entertaining. Sliding glass doors open to the screened lanai and pool area, creating an easy transition to outdoor living. The primary suite is privately located toward the rear of the home and features double door entry, tray ceiling detail, and views of the backyard and conservation area. The REMODELED PRIMARY ENSUITE includes a soaking tub, walk-in shower, dual sink vanity, and a large walk-in closet. Two secondary bedrooms are located on the first floor and share a full bath with dual sinks, while the fourth bedroom and third full bath are located on the second floor, offering a private space ideal for guests, a bonus room, or flexible living needs. The screened lanai and pool area overlook a peaceful conservation setting with mature trees and a spacious backyard. Major updates include a ROOF REPLACED in 2022 and HVAC systems replaced in 2021 and 2024. Residents of Arbor Greene enjoy a gated community known for scenic ponds, tree-lined streets, walking trails, resort-style pools, tennis courts, pickleball courts, fitness center, playgrounds, and community events throughout the year, and the Parkview village tot lot playground is located within walking distance. Arbor Greene is ideally located in New Tampa with convenient access to shopping, dining, major roadways, and leading medical facilities.
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.
