ASSUMABLE VA LOAN AT 2.25% | $5K SELLER CONTRIBUTION | LIKE-NEW HOME | CONSERVATION VIEWS | RESORT-STYLE AMENITIES | LOW HOA and peaceful views come together in this beautifully maintained 3-bedroom, 2-bath home with a private office/bonus room by Mattamy Homes in the highly desirable Triple Creek community, conveniently located within commuting distance of MacDill Air Force Base. Offering 1,752 sq ft of thoughtfully designed living space, the open-concept kitchen, dining, and living area is filled with natural light and features quartz countertops, white cabinetry, stainless steel appliances, a large island with additional storage, a spacious pantry, and engineered hardwood flooring throughout the main living areas. The split-bedroom floor plan provides privacy, with the primary suite offering gorgeous conservation views, a walk-in closet, and an en-suite bath with a peaceful water view, double sinks, and a walk-in shower. Two additional bedrooms, a full guest bath, a private office/bonus room, and an inside laundry room complete the interior. The home is also equipped with a water softener system for added comfort and convenience. The laundry room leads to a two-car garage with epoxy flooring. Enjoy relaxing on the rear patio, overlooking the water and conservation, with no rear neighbors. Triple Creek offers exceptional resort-style amenities, including a community pool, playgrounds, sports courts, athletic fields, a dog park, and a 24-hour fitness center. Outdoor lovers will appreciate being adjacent to the 1,200-acre Triple Creek Nature Preserve with 3.5 miles of hiking trails and over 18 miles of mountain bike trails. The community also features walking trails and an elementary school. Conveniently located near I-75 with easy access to shopping, dining, and the greater Tampa Bay area. Tampa International Airport is approximately 45 to 50 minutes away, MacDill Air Force Base about 50 to 55 minutes, and Walt Disney World Resort about 1 hour and 40 minutes away. With conservation views, resort-style amenities, and the opportunity to assume a 2.25% VA loan, this home offers an incredible opportunity in Triple Creek. Schedule your private showing today. All information, including measurements and HOA details, is deemed reliable but not guaranteed.
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.
