Welcome to this move-in-ready, well-maintained home within the amenity-rich community of South Fork, in Riverview. Fl. Built in 2015 and lovingly cared for by its original owner, this residence stands out for its ideal location near community pools, playgrounds, walking trails, and lakes, making it perfect for enjoying the Florida lifestyle. Recently painted, the home offers more than 2,400 sq. ft. of single-story living space. It features 4 bedrooms and 3 full baths, providing ample room for the family and accommodating guests with ease. The front porch entry welcomes you into a generously sized formal Living Room, which flows into an adjacent Dining Room. At the heart of the home is an expansive Great Room that opens into a well-appointed Kitchen and casual Dining Nook, creating the perfect space for everyday living. The Kitchen has granite countertops, a separate Pantry, stainless steel appliances, and an abundance of custom wood cabinetry. The Master Suite is a peaceful retreat, featuring a walk-in closet, a separate linen closet, and a luxurious Master Bath, containing a soaking tub and a glass-enclosed shower, a granite-lined double vanity, and a private enclosed Toilet Room. The Second Bedroom, with its own adjoining Bathroom, offers flexibility for use as a guest suite, home office, or for multi-generational living. Two additional Bedrooms are located at the front of the home, sharing a full Bathroom. The indoor Laundry Room leads to the oversized 3-car garage, which offers ample storage space. Recent upgrades include engineered hardwood floors, a new HVAC system (2022), a state-of-the-art hybrid water heater (2024), advanced carbon monoxide and smoke detectors, a reverse osmosis water system in the kitchen, and a comprehensive whole-house water treatment system. The under-roof, screened porch is perfect for morning coffee or evening relaxation. The fully-fenced backyard offers plenty of space for outdoor activities, gardening, or simply enjoying the Florida weather. The location is great, with quick access to I-75 and US-301, making commutes into downtown Tampa, trips to shopping centers, and a variety of dining options effortless. The home is also zoned for top-rated schools. This is a rare opportunity to experience elegant, move-in-ready living with resort-style amenities in one of Riverview's best neighborhoods. Don't miss your chance - 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.
