Welcome Home! Come see this expansive 5 bedroom 3 full bathroom home with an office and huge loft space! *No CDD* Situated on a corner lot in the gated community of Crestview Lakes, this home offers the perfect blend of space and comfort. Upon arrival the curb appeal catches your attention showcasing the covered front porch and beautifully pavered driveway. Upon entry, the high ceilings, open floor plan, and natural light will instantly make you feel right at home. The large kitchen features an abundance of 42” cabinets, large island with breakfast bar seating, a walk in pantry, and stainless steel appliances making it ideal for everyday living or hosting large gatherings! There is a steady flow between the kitchen, family room, and outdoor space ~ perfect for entertaining! Just off the kitchen at the back of the home sits the office or flex space – it could serve as a homework nook, butlers pantry, craft room or more! The downstair also features a bedroom and full bath that would make the perfect guest suite. Traveling upstairs you are greeted by the enormous loft space and remaining bedrooms. The expansive primary suite features several windows allowing natural light to pour in, two walk in closets, and the primary bathroom with dual sinks, large soaking tub, and a walk in shower. The secondary bedrooms are all on the opposite side of the loft allowing privacy for all. They are nicely sized and feature large walk-in closets. Enjoy the fully fenced backyard with plenty of room for pets to roam, kids to play, and families to gather! **Extended 39 feet deep tandem 3 car garage allows for extra storage, parking for a boat or golf cart & more** Crestview Lakes is a gated community with a playground, pavilion, dog park, and dock over looking the water, and just minutes from I-75 allowing for an easy commute to downtown Tampa, MacDill AFB, and TPA Airport. Florida living at its finest - 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.
