Beautiful Carrollwood Custom Home with Deeded Lake Carroll Access. Welcome to this stunning custom home in desirable Old Carrollwood, This elegant saltwater pool home showcases exceptional craftsmanship and attention to detail throughout. As you approach the home, the beautifully crafted front entry door sets the tone for what awaits inside. Step into a spacious dining and living room combination featuring high ceilings, solid core wood doors throughout, and acacia hardwood floors. The plantation shutters throughout fill the space with natural light. The living area is pre-wired for a surround sound system and centered around a gas fireplace, which can easily be converted back to wood-burning. The chef inspired kitchen is designed for both functionality and style, featuring custom cherry cabinetry, a massive island, premium Monogram appliances, and gas cooking perfect for culinary enthusiasts. This dream kitchen has a built in wine cooler, oversized refrigerator with custom panel doors and a pot-filling station adds an extra level of convenience for serious home chefs. This kitchen also features abundant display shelving and plenty of storage throughout-ideal for both cooking and entertaining. This home features two spacious primary suites, each offering private access through French doors to the screened, pavered lanai and saltwater pool area, creating a seamless indoor-outdoor living experience. The screened heated saltwater pool and lanai area is ideal for relaxing or entertaining, complete with a comfortable outdoor seating area and outdoor shower. The space is also pre-plumbed for an outdoor kitchen, giving the next owner the opportunity to create the ultimate backyard entertaining area. This beautiful property is one of only five homes on the street with deeded access to 210 acre Lake Carroll, through a private security gate, offering a rare opportunity to enjoy one of Tampa’s most sought-after ski lakes. White Sands Beach on Lake Carroll is just minutes away, perfect for enjoying boating, swimming, and relaxing by the water. The home is loaded with premium features and upgrades, including a Kohler whole-home generator, sprinkler system, and security alarm system for added peace of mind. Additional highlights include two Rinnai tankless hot water heaters, a 4-ton Trane HVAC system (approximately 5 years old), and soundproof windows for enhanced comfort and efficiency. The property also includes a 250-gallon propane tank, a pool pump installed in 2022, and the washer and dryer convey with the home, making this residence truly move-in ready. This home is ADA compliant but does not appear that way. So much attention to detail and to see on this home its a must see for anyone that may want elegance and comfort all in one ! This home is centrally located with convenient access to Tampa International Airport, Gulf beaches, premier shopping, dining, and entertainment, allowing you to enjoy the best of the Tampa Bay area. Call today to schedule your private showing.
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.
