Welcome to 10207 Avelar Ridge Drive—where comfort, style, and Florida living all show up… and yes, they understood the assignment. Tucked inside the sought-after Avelar Ridge community in Riverview, this beautifully maintained home gives you that “I could live here” feeling the second you walk in. Think natural light, soaring ceilings, and an open layout that somehow makes everyday life feel a little more put together. The living space flows right into the heart of the home—THE KITCHEN (because we all know that’s where everyone ends up anyway). Featuring Corian countertops, modern appliances, and plenty of cabinet space for all the things you said you wouldn’t buy at Target… but did. Whether you’re hosting friends or just pretending you’re on a cooking show while making pasta, this space was made to bring people together. When the day’s done, escape to your private primary suite—vaulted ceilings, calming vibes, and just enough separation from the rest of the house to feel like your own little retreat. The ensuite bathroom? Dual vanities (no sharing required), a soaking tub, and a walk-in shower that says, “stay a little longer.” But let’s talk about what really steals the show… The backyard. An expansive patio, sun shades, and a hot tub that basically guarantees you’ll become everyone’s favorite host. Morning coffee, weekend hangs, or quiet nights under the stars—this is Florida living done right. All of this in a welcoming community just minutes from Tampa, Brandon, shopping, dining, parks, and top-rated schools—so you’re close to everything without feeling like you’re in the middle of everything. And if you’re thinking, “I wish it came furnished…” Good news—it can. Homes that check all the boxes (and then add a hot tub for fun) don’t come around often. 10207 Avelar Ridge Drive might just be the one.
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.
