One or more photo(s) has been virtually staged. Exclusive and luxurious private pool home in the heart of the East Lake Corridor. Tucked away on over an acre at the end of a quiet cul-de-sac, this custom build pool home is set within the intimate 19-home community of Moss Branch Acres and offers direct access to the Pinellas Trail. Surrounded by mature trees and lush tropical landscaping, the property backs to a peaceful preservation area, creating a true sense of seclusion. Inside, nearly 2,800 square feet of thoughtfully designed living space offers high ceilings, a desirable split floor plan, and abundant natural light through hurricane-impact windows and sliding glass doors. The open kitchen flows effortlessly into the family room, making it ideal for everyday living and entertaining alike. The primary suite is a serene escape, featuring engineered hardwood floors, crown molding, custom walk-in closets, and private access to the pool. The spa-inspired en-suite bath showcases artisan finishes including Venetian plaster walls, custom cabinetry, a jetted soaking tub, dual vanities, and a walk-in travertine shower with dual shower heads. Step outside to your own backyard oasis. The screened travertine lanai surrounds a Pebble Tec pool and offers a fully equipped outdoor kitchen with granite bar seating, refrigerator, storage, and outdoor TV, enhanced by a new Sonos sound system. Whether hosting lively gatherings or enjoying quiet evenings overlooking conservation views, this space is designed for year-round Florida living. Notable upgrades include a 50-year metal shingle roof, 43-panel solar system, whole-house Generac generator with buried propane tank, central vacuum, keyless entry, deep well irrigation, pool heater, pool cover and recently redesigned landscaping with dramatic outdoor lighting. Fresh interior and exterior paint throughout. Low HOA of $550 per year includes trash pickup and street lighting. Located in Tarpon Springs, just minutes from the Sponge Docks, award-winning beaches, golf, dining, shopping, and Tampa International Airport, this exceptional home offers the perfect balance of privacy, comfort, and lifestyle.
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.
