Welcome to your next chapter in the highly sought-after Ballentrae community, where comfort, style, and everyday living come together beautifully. From the moment you step inside, you’re greeted by soaring ceilings, an abundance of natural light, and an open, airy layout that instantly feels both grand and inviting. The entry makes a statement with a striking staircase featuring decorative wrought-iron railing and a rich wood handrail, setting the tone for the thoughtful design found throughout the home. At the heart of the home, the spacious kitchen is designed for the way you live today, whether that’s casual mornings, hosting friends, or holiday gatherings. Featuring rich cabinetry, granite countertops, stainless steel appliances, and a large center island with seating, it flows effortlessly into the dining and living areas to create a seamless open-concept space. Pendant lighting, tray ceilings, and neutral finishes add a timeless, elevated feel. The living room is warm and welcoming, anchored by a cozy fireplace and enhanced by a tray ceiling and ceiling fan. Large sliding glass doors flood the space with natural light and open to the screened lanai, creating that ideal indoor-outdoor lifestyle Florida living is known for. The primary suite, conveniently located on the main level, offers a true retreat. With generous space, abundant natural light, and durable LVP flooring that adds both style and practicality, it’s designed for comfort and everyday living. An arched sitting area creates the perfect space for a reading nook, home office, or quiet escape. Two walk-in closets provide ample storage, while the ensuite bath features dual vanities with granite countertops, a soaking tub, a large walk-in shower, and natural light-filled privacy. Also downstairs, the laundry room has been thoughtfully upgraded with custom storage to keep everything organized and efficient. Upstairs, you’ll find spacious secondary bedrooms along with a versatile loft, perfect for movie nights, a game room, or an additional living space that adapts to your needs. Step outside and experience one of this home’s standout features, an extended, fully screened-in lanai designed to be a true outdoor living space. Complete with paver flooring, ceiling fans, ambient lighting, and room for a mounted TV, it’s perfect for relaxing or entertaining year-round. The outdoor kitchen is fully equipped with a built-in grill, sink, mini refrigerator, and ample prep space, making hosting effortless. Beyond that, the fully fenced backyard offers privacy, space to play, and a convenient storage shed. Living in Ballentrae means more than just a beautiful home, it’s a lifestyle. Residents enjoy resort-style amenities including a sparkling community pool, playground, open green spaces, and scenic walking trails with peaceful conservation views. The community is designed for connection, outdoor living, and everyday enjoyment. With easy access to I-75, you’re minutes from shopping, dining, top-rated schools, and everything the Tampa Bay area has to offer, including world-class beaches and entertainment. This home truly delivers the perfect blend of space, functionality, and lifestyle, inside and out. Bonus opportunity, the seller’s VA loan with an incredibly low 2.5% interest rate may be assumable for VA-eligible buyers, 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.
