Welcome to your private retreat in the highly sought-after San Antonio area! Freshly painted and beautifully maintained, this stunning 3-bedroom + den (optional 4th bedroom), 3-bathroom, 3-car garage home in the desirable Oak Glen neighborhood offers the perfect blend of space, comfort, and lifestyle. NO CDD. Situated on an expansive .34-acre lot, this property gives you the freedom to bring your boat, jet ski, trailer, or recreational toys—with plenty of room to store and enjoy them. Inside, you’re greeted by soaring ceilings and an open, airy layout that immediately feels like home. The heart of the home features a spacious upgraded kitchen with granite countertops, double pantry, and a cozy café area, perfect for morning coffee or gathering with friends and family. The large family room—ideal as a game room or man cave—offers ample space for entertaining, complete with room for a pool table, bar, and lounge area. Step outside through sliding glass doors to your oversized screened lanai, where you can unwind and enjoy peaceful sunsets or host unforgettable gatherings. The fully fenced backyard includes a custom-built fire pit, jacuzzi, and a recently added shed—perfect for extra storage or even a future tiny home setup. Additional highlights include: 2023 A/C system and septic pump, engineered hardwood floors, paver driveway, dedicated office/tech space, convenient pool bath with lanai access. Located in a quiet, tranquil community, this home offers the charm of country-style living while remaining close to everything. Enjoy easy access to Downtown Dade City, nearby parks, and the rapidly growing Wesley Chapel area with its shopping, dining, and entertainment options. Future developments, including new schools and a hospital, add even more value to this already desirable location. A rare opportunity with space, upgrades, and lifestyle—homes like this don’t come around often. Schedule your private showing today before it’s gone!
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.
