WELCOME TO THE HOME THAT HAS IT ALL! STYLE, FUNCTION, FLEXIBILITY, AND INCREDIBLY LOW ENERGY COSTS. Beautifully updated and meticulously maintained, this North Tampa gem offers a rare combination of modern comfort, thoughtful upgrades, and unique features you simply won't find in the average home. Step inside and discover bright, inviting living spaces enhanced by beautiful laminate flooring, crown molding, designer finishes, and a striking stone accent wall with decorative fireplace that creates a warm focal point for gathering with family and friends. Natural light fills the home, creating an atmosphere that feels both welcoming and uplifting. The heart of the home is the beautifully updated kitchen featuring granite countertops, stainless steel appliances, glass tile backsplash, and convenient snack bar seating. The kitchen flows seamlessly into the dining area, living room, and Florida room, making entertaining effortless and everyday living enjoyable. Offering 3 bedrooms, 2 bathrooms, a separate dining room, and a versatile Florida room, this home provides the flexibility today's buyers are seeking. The primary suite is truly special, featuring a one-of-a-kind boutique-style dressing room and oversized custom wardrobe space rarely found in homes at this price point. Outside, you'll discover a private backyard retreat designed for relaxing and entertaining. Enjoy a covered patio, gazebo, mature landscaping, and plenty of room to garden, play, or simply unwind. Need space for hobbies, projects, or storage? You'll love the large detached workshop, garden shed, expanded driveway, and two-car carport. Best of all—NO HOA restrictions. Major recent improvements include a new HVAC system (2024), new septic system (2024), hot water heater (2020), Kinetico water conditioning system, and an additional mini-split system for enhanced comfort and efficiency. Adding even more value, the home features a professionally installed solar energy system designed to offset nearly 100% of the home's electricity usage, helping provide remarkably low monthly utility costs and greater energy efficiency. Solar lease transfer information, utility history, and documentation are available for buyer review. For peace of mind, the property also includes a fully owned security system with cameras and smartphone access, allowing you to monitor your home from virtually anywhere.Conveniently located near shopping, dining, parks, and major commuter routes including I-275, this property offers the perfect blend of accessibility, privacy, and lifestyle.If you've been searching for a move-in ready home with character, extensive upgrades, flexible living spaces, exceptional storage, workshop space, and outstanding energy efficiency, your search may be over. Come experience everything that makes 127 Connie Avenue so special.
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.
