Luxury waterfront pool home in the highly sought-after Rivercrest community! This beautifully updated 4-bedroom, 3-bath residence offers nearly 2,300 sq. ft. of thoughtfully designed living space on an oversized homesite with breathtaking panoramic lake views. Enjoy true Florida living with a private saltwater pool (2016), expansive travertine patio, black aluminum fence (2024) with private gate access to the lake, and a serene outdoor setting perfect for entertaining or relaxing. The open-concept floor plan is filled with natural light and showcases porcelain tile throughout the main living areas, crown moldings, and expansive water views. The remodeled kitchen features granite countertops, newer stainless-steel appliances, including a four-door French door refrigerator, and seamlessly flows into the main living spaces. The spacious primary suite offers peaceful lake views, a large walk-in closet, and a spa-inspired en suite bath beautifully remodeled in 2018 with elegant Italian marble throughout. The additional bathrooms were also fully remodeled. The inside laundry room includes a utility sink plus the washer and dryer. Major updates provide peace of mind, including a new roof (2022), A/C (2021), water heater (2025), replacement windows (2018/2019) water softener, Ring doorbell, and Ring floodlight security cameras. Perfectly positioned with a picturesque green space and park at the front of the home and breathtaking waterfront views to the rear, this home offers one of Rivercrest's most desirable settings. Enjoy being within walking distance to schools and shopping, along with exceptional community amenities including a clubhouse, two resort-style pools and spa, cabana, grills, fire pits, water park, playground, basketball and tennis courts, soccer field, and dog park. Conveniently located near US-301, US-41, I-75, and the Selmon Expressway for an easy commute to downtown Tampa. This exceptional waterfront home combines luxury, comfort, and an unbeatable location—don't miss your opportunity to make it yours!
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.
