Discover the perfect blend of vintage charm and modern style in this unique 4-bedroom, 2-bath home nestled in the heart of sought-after Original Carrollwood. Situated on a spacious corner lot, this thoughtfully designed home offers a desirable split-bedroom floor plan and inviting open living spaces ideal for everyday living and entertaining. The beautifully remodeled kitchen is the centerpiece of the home, featuring sleek quartz countertops, an abundance of cabinetry, contemporary finishes, and convenient pass-through windows that create a seamless connection to the outdoor living area. Updated luxury vinyl flooring flows throughout the main living areas, while warm bamboo flooring adds comfort and character to each bedroom. Step outside to your own private backyard retreat, where lush tropical landscaping surrounds the sparkling open pool, creating a peaceful oasis. The expansive covered patio provides the perfect space for outdoor dining, relaxing, or hosting family and friends year-round. Additional features include a two-car carport with generous storage space, offering both convenience and functionality. Located in the established community of Original Carrollwood, residents enjoy access to parks, recreation facilities, private beach, boat ramps, tennis courts, and community events, all while being just minutes from shopping, dining, and major highways. This is a rare opportunity to own a home full of personality, thoughtful updates, and timeless appeal in one of Tampa's most beloved neighborhoods. Most of the home was updated in 2022 including Kitchen remodel, and electric panel, all windows are storm rated and tinted, pool heater. Pool was refinished in 2020, pool pump replaced in 2025.
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.
