A new heated and chilled pool and spa completed in 2025 anchor the backyard, paired with a fully built outdoor kitchen featuring a sink and built-in ice machine that turns the patio into the natural gathering spot. The kind of backyard people spend years trying to create… already done. Upgraded landscaping and pet-friendly artificial turf keep the backyard looking sharp year round without the constant maintenance. Inside, the home immediately feels more open and elevated thanks to 11-foot ceilings and 8-foot doors throughout, a feature rarely included in nearby builder homes. Large format luxury vinyl plank flooring runs throughout the home, installed as a post-construction upgrade and paired with crown molding that adds a refined finish to the living spaces. The layout keeps everything open and connected, with the kitchen flowing naturally into the dining and living areas so the home works just as well for everyday life as it does for hosting. Smart planning shows up in the details. The home is pre-wired with low-voltage wiring for smart home and AV systems, making future tech upgrades simple. A 2.5-car garage offers plenty of storage and space for a golf cart, while a generator transfer switch keeps the home generator-ready when Florida weather decides to be dramatic. Even the exterior details have been elevated, with upgraded front landscaping and permanent holiday lighting already installed. Residents of Ventana Groves enjoy resort style amenities including a community pool, pickleball courts, playground, walking trails, and a community center with event space and kitchen. The neighborhood stays active year round with HOA hosted events and visiting food trucks that bring neighbors together. The location keeps daily life convenient—approximately 21 minutes to downtown Tampa, about 35 minutes to Tampa International Airport, and within easy reach of MacDill AFB, shopping, dining, and entertainment. A newer home where the upgrades most homeowners spend years planning, pool, spa, outdoor kitchen, landscaping, and interior finishes-are already finished.
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.
