Welcome to your beautifully updated retreat in the heart of Forest Hills—where charm, comfort, and location come together seamlessly. This move-in ready home features fresh neutral interior paint, creating a bright and inviting space ready for your personal touch. Enjoy peace of mind with major upgrades already completed, including 2014 complete roof replacement, a new AC (2023) and brand-new electrical (2026). The kitchen is equipped with a 2025 Samsung refrigerator featuring dual ice size options and a built-in beverage center, offering both convenience and a touch of luxury for everyday living and entertaining. Step outside to your private backyard oasis, complete with a sparkling pool, newly refinished pavers with sanding and coating (2026), and a spacious grassy area—perfect for entertaining, relaxing, or letting kids and pets play freely. A stunning oak tree provides natural shade over a cozy outdoor fireplace, creating the perfect setting for evenings under the stars. The home’s Tiffany blue exterior adds standout curb appeal, complemented by a charming stone fireplace that brings warmth and character. Additional updates include a new pool filter (2021) for easy maintenance. Located just a short walk from the iconic Babe Zaharias Golf Course, you’ll love having scenic paths right at your doorstep—ideal for morning runs, bike rides with the kids, or a relaxing afternoon outdoors. Centrally located just 8 miles from downtown Tampa with quick access to I-275, this home offers convenience to top restaurants, parks, and everything the city has to offer. This is more than a home—it’s a lifestyle. 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.
