Welcome to this beautifully maintained 2 bedroom townhome in the highly desirable Meadow Pointe community and priced to sell fast! Ideally situated with stunning preserve and pond views so you can sit on your screened patio and see the wildlife while you relax and unwind. This unit offers exceptional privacy, a serene pond view, and a rare large yard which sets this unit apart from the others in the neighborhood. This townhome is move-in ready and offers a functional and inviting layout. The first floor features an eat-in kitchen with pantry and breakfast bar, opening seamlessly to a spacious family and dining area designed for comfortable everyday living and effortless entertaining. The living/dining room is quite spacious and flows seamlessly into your kitchen which makes entertaining comfortable. The main floor also features a convenient in-unit washer and dryer. Upstairs, two generously sized bedrooms are situated at opposite ends of the home, each offering a private en-suite bath and ample closet space. Between the bedrooms is a versatile flex space that provides an ideal setting for a private office or study and also well suited for a secondary living space, media room, playroom, or fitness area. Enjoy tranquil pond views from the rear living spaces and bedroom, or relax in the screened lanai overlooking the peaceful backyard setting. With no rear neighbors this townhome has a large outdoor yard area that you can enjoy with your little ones and the furry members of your family. Residents of Meadow Pointe enjoy access to exceptional amenities, including community pools, walking and biking trails, and highly rated schools within the neighborhood. Conveniently located near SR 54, I-75, and I-275, the home is just minutes from Wiregrass Mall, Tampa Premium Outlets, grocery stores, dining, and more. Schedule your private showing today.
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.
