GORGEOUS 5 bedrooms, 3 baths on a private conservation lot in the highly desirable Suncoast Lakes community—-this is the one that truly has it all. From the moment you arrive, you’re greeted by soaring entryway ceilings that create a grand first impression and set the tone for the open, airy layout throughout. The heart of the home features a seamless flow between the kitchen and family room, ideal for both everyday living and entertaining. Sliding glass doors lead you to a covered, screened lanai—an inviting space to relax while overlooking your private conservation backdrop. The primary suite is a true retreat, generously sized and thoughtfully designed with large dual closets. The en-suite bathroom offers a spa-like experience with double sinks, a makeup vanity, a deep garden tub, a separate walk-in shower, and ample storage. Upstairs, you’ll find a versatile bonus room perfect for a media space, playroom, or home office, along with additional bedrooms featuring spacious closets and a well-appointed full bath with dual sinks. Downstairs, a private bedroom with direct access to a full bath provides an ideal setup for guests or multi-generational living. This home is loaded with value-adding upgrades, including paid-off solar panels for energy efficiency, a new roof (2023), two A/C units (2021), a tankless water heater (2021), a water softener (2020), and a new gutter system (2023). The interior features tile flooring throughout the main level and laminate upstairs, while the 3-car garage includes an upgraded track system and additional attic storage. Step outside to enjoy a partially fenced yard with no rear neighbors—just peaceful conservation views. Location is everything, and this home delivers—just a short walk to the community clubhouse and pool, with direct access to the Suncoast Bike Trail from the neighborhood. A new Publix shopping center is under construction less than a mile away, and you’re just half a mile from the expressway, with close proximity to new schools and everything this growing area has to offer. This is more than just a home—it’s a lifestyle upgrade in one of the area’s most desirable communities. Schedule your private showing today and experience it for yourself.
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.
