Prepare to be impressed by this beautifully maintained home located in the HIGHLY DESIRABLE SOUTH POINTE COMMUNITY of Riverview—an area known for EXCEPTIONAL CONVENIENCE, FAST GROWTH, and INCREDIBLE LIFESTYLE BENEFITS. This move-in-ready property delivers VALUE, COMFORT, and LOCATION all in one package, offering everything today’s buyers are searching for. Step inside to an OPEN AND BRIGHT FLOORPLAN with a welcoming living area, ideal for relaxing or entertaining. The home features a SPLIT-BEDROOM LAYOUT for added privacy, a SPACIOUS PRIMARY SUITE with WALK-IN CLOSET, and an inviting kitchen that overlooks the backyard and gathering spaces. The two additional bedrooms are perfect for FAMILY, GUESTS, or a HOME OFFICE. This layout makes daily living effortless while offering plenty of flexibility for your needs. Outside you’ll find a FULLY FENCED BACKYARD—perfect for pets, gatherings, or creating the OUTDOOR OASIS you’ve been dreaming of. Enjoy peace of mind with LOW HOA FEES and NO CDD, making this home an OUTSTANDING VALUE compared to many surrounding Riverview communities. Living in Riverview means enjoying one of the most convenient and fastest-growing areas in Tampa Bay. Residents love the CLOSE PROXIMITY TO I-75, US-301, TOP RESTAURANTS, MAJOR SHOPPING CENTERS, WELL-MAINTAINED PARKS, SCENIC WALKING TRAILS, AND BEAUTIFUL GULF COAST DESTINATIONS. Families appreciate access to NEARBY SCHOOLS, while professionals value the EASY COMMUTE to DOWNTOWN TAMPA and MACDILL AFB. South Pointe also provides COMMUNITY PARKS, PLAYGROUNDS, and WELL-KEPT NEIGHBORHOODS that contribute to a welcoming, vibrant atmosphere. Whether you’re a first-time homebuyer, or seeking a GREAT INVESTMENT OPPORTUNITY, this home checks all the boxes: PRIME LOCATION, GREAT PRICE POINT, MOVE-IN READY CONDITION, NO RENTAL RESTRICTIONS, and a COMMUNITY KNOWN FOR QUALITY LIVING. Homes in this area are in high demand—don’t miss your chance to enjoy EVERYTHING in RIVERVIEW. Schedule your showing today and experience why this neighborhood continues to be one of the MOST SOUGHT-AFTER AREAS in the region.
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.
