One or more photo(s) has been virtually staged. Stop Scrolling! You just found the one! Nestled inside a small, private gated community with low HOA fees and zero CDD, this gorgeous home checks every box and then some. From the second you walk in, you'll feel it. Elevated 9-foot ceilings and 8-foot interior doors create that grand, airy feeling you can't fake, and beautiful tile flooring sets the stage for a home that's as impressive as it is livable — and the upgrades? There are plenty. The open-concept living, dining, and kitchen layout is made for real life — whether that's a casual Tuesday night or a full-on gathering with everyone you know. The kitchen? Absolutely a vibe. Granite countertops, and the builder upgrades don't stop — 42-inch solid wood soft-close cabinetry, a generous 6x8 island, fingerprint-resistant slate appliances, a dedicated kitchen desk with overhead cabinets, a large walk-in pantry, AND a gas hookup already in place for the chef who wants it — sellers are offering a $500 credit toward a new stove so you can choose exactly what you want. And that lanai — oh, that lanai. An 8x40 foot screened outdoor living space that stretches the full length of the home, because this is Florida and you deserve to live outside as much as inside. The primary suite is your personal escape — private lanai access, dual sinks, a stunning oversized glass-enclosed walk-in shower, a private built-in water closet, and a walk-in closet that will make getting ready something to look forward to. The extended garage truly delivers — 4 extra feet of depth with 10-foot ceilings, easily accommodating a full-size pickup truck, a Wi-Fi-enabled 8-foot hurricane-rated door, a 50-amp outlet ready for EV charging, and a water softener setup already in place for whenever you're ready. The laundry room is set up with a utility tub hookup — a small detail that makes a big difference in day-to-day living. And this home practically runs itself: smart home features including a smart thermostat, connected lighting, video doorbell, and pre-wired security system, plus in-wall pest control and a Rainbird automated irrigation system keep everything dialed in year-round. Just minutes from the I-4 & I-75 interchange, downtown Tampa, top restaurants, and everything Tampa Bay has to offer. Fast closing available — and trust us, this one won't last. Come see it before someone else calls it home.
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.
