Welcome home to this beautifully maintained and thoughtfully upgraded two-story residence in the sought-after Ballentrae community. When you step inside, you’re greeted by soaring ceilings, an open and airy layout, and warm natural light that instantly makes the space feel inviting and grand. The entry is anchored by a striking staircase with decorative wrought-iron railing and a rich wood handrail, adding architectural interest and a touch of elegance to the space. The heart of the home is the spacious kitchen, perfectly designed for both everyday living and entertaining. Rich cabinetry, granite countertops, stainless steel appliances, and a large center island with seating flow seamlessly into the dining and living areas—creating a true open-concept feel. Pendant lighting, tray ceilings, and clean, neutral finishes add timeless appeal throughout the main living spaces. The living room is both welcoming and functional, featuring a tray ceiling, ceiling fan, and a cozy fireplace that creates a natural focal point for gathering. Large sliding glass doors bring in abundant natural light and open directly to the screened lanai, enhancing the home’s seamless indoor-outdoor flow—ideal for entertaining or relaxing at the end of the day. Conveniently located on the main level, the spacious primary suite serves as a peaceful retreat with generous proportions, abundant natural light, and durable wood-look flooring that adds warmth and continuity. An arched sitting area creates the perfect space for a reading nook, home office setup, or private relaxation area, while two walk-in closets provide ample storage. The ensuite bathroom is designed for both comfort and convenience, featuring dual vanities with granite countertops, ample cabinetry, and updated lighting. A large walk-in shower and separate soaking tub offer spa-like relaxation, while frosted windows allow natural light to fill the space while maintaining privacy. Also on the first floor, the laundry room has been enhanced with custom storage, adding both function and organization to daily routines. Upstairs, generously sized secondary bedrooms are complemented by a versatile loft room—ideal for movie nights, a game room, or a second living area. Step outside and enjoy Florida living at its best in this extended, fully screened-in outdoor living retreat. Designed as a true extension of the home, the spacious lanai features paver flooring, ceiling fans, ambient lighting, and space for a mounted TV—perfect for year-round, bug-free relaxation and entertaining. The fully equipped outdoor kitchen includes a built-in grill, sink, mini refrigerator, ample counter space, and power, making weekend cookouts effortless. Beyond the lanai, the fully fenced backyard offers privacy and room to play, while a dedicated storage shed provides convenient space for tools, toys, or seasonal items. Located in Ballentrae, residents enjoy access to resort-style amenities including a community pool, playground, open green spaces, and scenic walking trails overlooking conservation areas. With convenient access to I-75, you’re just a short drive to shopping, dining, entertainment, and the beautiful beaches and attractions of the Tampa Bay area. This home blends space, comfort, and lifestyle—inside and out—making it a standout opportunity in a community designed for both relaxation and convenience. Seller’s VA loan with a low 2.5% interest rate may be assumable, subject to lender approval.
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.
