One or more photo(s) has been virtually staged. Welcome to the M/I Homes Sentinel "A" model, a beautifully maintained 4-bedroom home situated on just under 1/4 acre corner homesite in the highly desirable Talavera community of Pasco County. Built in 2019 and featuring a fully fenced backyard, this exceptional property offers both privacy and functionality. The thoughtfully designed split-bedroom floor plan welcomes you through a trussed front porch into a spacious foyer that leads into the heart of the home. The upgraded kitchen is appointed with granite countertops, 42-inch neutral upper cabinets with crown molding, stainless steel appliances, a large eat-in island, and a walk-in pantry, creating the perfect space for everyday living and entertaining. Additional thoughtful upgrades include: hurricane shutters for added protection, built-in cabinetry in the laundry room for extra storage and convenience, and granite vanities in all bathrooms paired with beautifully tiled showers, showcasing quality finishes throughout. Privately located at the rear of the home, the primary suite features a custom-built closet system and a well-appointed en-suite bathroom complete with a granite vanity and a tiled step-in shower with glass enclosure. Three additional bedrooms provide ample space, each offering generous closet storage. Step outside and enjoy the expansive fully fenced backyard, offering plenty of room for outdoor living, recreation, pets, gardening, or future enhancements. The premium corner homesite enhances the sense of space and versatility without compromising space. Residents of Talavera enjoy resort-style amenities including a community pool, splash pad, basketball and tennis courts, clubhouse, playground, and frequent weekend food truck events. Conveniently located near US-41 and SR-52, with easy access to shopping, dining, and everyday conveniences and also zoned for top rated Land O’ Lakes High School. Priced to sell, this home represents a rare combination of value, upgrades and spacious living-Schedule your 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.
