Get ready… because you are going to FALL IN LOVE with this absolutely STUNNING one-story home in the highly sought-after resort-style community of Lucaya Lake Club! This beauty checks ALL the boxes with 4 spacious bedrooms, 3 full bathrooms, including one Jack & Jill bathroom and a 2-car garage, perfectly designed for both comfort and entertaining. PLUS… enjoy the feel of BRAND NEW carpet installed in 2026! The open-concept layout brings everyone together with a seamless flow between the gourmet kitchen, dinette, and expansive great room, this is Florida living at its BEST! CHEF’S DREAM ALERT! This home features NATURAL GAS, a HUGE upgrade! Cooking with a natural gas stove gives you instant heat, precise temperature control, and that professional-level cooking experience you just can’t get with electric. Whether you’re searing, simmering, or sautéing, you’ll LOVE the performance and efficiency! The kitchen is a SHOWSTOPPER featuring granite countertops, 42” cabinets, natural gas stove, stainless steel appliances, recessed and pendant lighting, and a HUGE center island that’s perfect for gatherings. Walk-in Pantry to store all your goodies. Enjoy your morning coffee in the cozy breakfast nook or unwind on the covered lanai overlooking your FULLY FENCED-IN BACKYARD which is perfect for pets, play, and privacy! You’ll love the thoughtful upgrades throughout including a welcoming foyer, hurricane shutters, and gorgeous marble countertops in ALL bathrooms. The owner’s suite is your personal retreat with dual sinks, an oversized shower, and plenty of room to relax and recharge. And just wait until you experience the COMMUNITY! Lucaya Lake Club offers a breathtaking 78-acre lake with a boat ramp, dock, fishing pier, resort-style pool, clubhouse, fitness center, parks, and playgrounds, it’s like being on vacation every single day! The Home was built by Ryan Homes, and the Seagate Floorplan was one of their most popular single-story floorplans. Located just minutes from I-75, MacDill AFB, the NEW VA outpatient clinic, St. Joseph’s Hospital, plus tons of shopping, dining, and our beautiful Gulf beaches… this home truly has it ALL. This one is SPECIAL, don’t wait or it will be GONE!
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.
