Tucked into one of Dunedin’s most sought after golf-cart-friendly neighborhoods, this beautifully updated 3 bedroom, 2 bathroom home invites you in with the charm of a tropical retreat and the comfort of thoughtful upgrades throughout. Step inside and feel the openness unfold. The bright living room greets you with warm natural light, leading seamlessly into a cozy family room anchored by a classic wood-burning fireplace, the perfect spot for quiet mornings or gatherings that stretch late into the evening. Just off the living spaces, an inviting office nook offers a peaceful window-side workspace. The dining room connects effortlessly to the remodeled kitchen and outdoor spaces, making hosting a breeze. The split floor plan gives the primary suite its own private wing complete with two generous closets, walk in shower with glass shower door. Two spacious bedrooms on the opposite side ensure comfort and privacy for family or guests. This home checks all the big-ticket boxes: brand-new metal roof, wind-rated windows, updated pool, 2022 HVAC and energy-saving solar panels that keep utility costs down while boosting peace of mind. Open the back door and step into your own escape. Lush landscaping surrounds a sparkling pool, a vinyl fenced yard and a full outdoor kitchen featuring a grill, wine refrigerator and kegerator, an entertainer’s dream. From weekend barbecues to poolside evenings under the stars, this backyard truly expands your living space. And the location? Simply unbeatable. Less than a block from Hammock Park’s acres of shaded walking trails, and minutes from downtown Dunedin’s vibrant restaurants, breweries, shops, festivals, and waterfront sunsets. Enjoy easy access to Caladesi Island and Honeymoon Island, the Dunedin Golf Club, Pinellas Trail and the Dunedin Blue Jays Stadium. This is more than a home, it’s a lifestyle and every day feels a little like vacation!
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.
