One or more photo(s) has been virtually staged. Welcome home! A quiet gated community in Riverview Lakes. This beautifully maintained 3 bedroom, 2.5 bathroom townhome with a spacious upstairs loft offers the ideal layout for first-time buyers, growing families, or anyone looking for low maintenance Florida living. Step inside and you are immediately welcomed by a bright, open floor plan designed for everyday comfort and effortless entertaining. The main living area features durable tile flooring and an inviting layout that flows seamlessly from the living room to the kitchen and dining space. The kitchen is both stylish and functional, featuring rich wood cabinetry, a large center island with bar seating, sleek countertops, and a generous walk-in pantry for extra storage. Whether you're hosting friends or enjoying a quiet dinner at home, this space was designed to bring loves one together. A convenient half bath on the first floor adds practicality for guests. Upstairs, a large loft provides flexible living space that can easily serve as a home office, media room, play area, or reading nook. The private primary suite tucked away from the secondary bedrooms, creating a peaceful retreat at the end of the day. The primary bedroom includes a large walk-in closet and a spacious en-suite bath with double vanity and walk-in shower. Two additional bedrooms share a full bathroom and comfortable space for family or guests. An upstairs laundry room adds everyday convenience. Enjoy Florida living outdoors on the screened-in lanai, perfect for morning coffee, relaxing evenings, or weekend grilling. With no rear neighbors, you can enjoy added privacy and peaceful views. Residents of Riverview Lakes enjoy a welcoming community atmosphere with amenities including a community dock for fishing and sunset views, scenic walking areas, and dog-friendly spaces. The HOA includes WATER service and there are no CDD fees, helping keep monthly expenses manageable. Located just minutes from shopping, restaurants, grocery stores, and everyday conveniences, this home also offers easy access to US-301, I-75, Tampa, MacDill Air Force Base, and the Gulf Coast beaches. Nearby outdoor recreation includes boating on the Alafia River, parks, and walking trails. If you have been searching for a move-in ready townhome that combines space, comfort, and a fantastic location, to welcome your home.
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.
