4BR (3BR PLUS HOME OFFICE/Nursery)/3BA/2GAR - Swimming Pool Home with OVER 2200sqft! 2 MASTER SUITES (in-law suite). OVERSIZED .6 ACRE PROPERTY - FULLY FENCED - PLUS ** w/ 240sqft OUTBUILDING** used as HOME OFFICE, SHE SHED, MAN CAVE or exercise studio! OVER 3000sqft of PAVERS w/ PERGOLA for entertaining friends and family. NO FLOOD ZONE. Modern Design with Stunning Porcelain marble tile and High baseboards throughout for uniform look, HIGH CEILINGS W/ NO POPCORN, and 4 SETS OF SLIDERS to Pool Area. Family room features a COZY WOODBURNING FIREPLACE for the family to gather around. Remodeled kitchen with upgraded WOOD CABINETRY w/ crown molding, GRANITE COUNTERTOPS, SS appliances, breakfast bar seats 3 and pantry! The Kitchen is the HUB OF THE HOME and opens to Family Room, providing the open floor plan many desire - monitor the kids swimming, or watching tv in front of the fireplace. Your whole family will love the 2/2 SPLIT PLAN where everybody can enjoy their privacy! The TWO MASTER BEDROOM SUITES (one can be an IN-LAW SUITE) sets this home apart! They both open to the pool area. The Primary suite features Vaulted ceiling and walk-in closet, remodeled en suite with garden tub and separate shower, dual sinks and private water closet. The IN-LAW SUITE /2nd Master has a remodeled ensuite within the bedroom, perfect for MULTIGENERATIONAL LIVING! You’ll love the updated POOL BATH, convenient for swimmers. The 4th BR NEXT TO THE PRIMARY SUITE has no closet but is perfect as a HOME OFFICE or NURSERY. The INSIDE UTILITY ROOM with newer washer & dryer makes laundry a breeze. UPGRADES INCLUDE – NEW energy efficient HVAC 2023, NEW ROOF 2021 (wind clips for wind mit), 4 mounted TVs, wired home security and wifi, water softener 2022, Kenmore Elite HE large capacity washer and dryer, Central Home Vac, wired video surveillance system. Step out back to the SWIMMING POOL with Screened Enclosure, large covered patio with outdoor counter and cabinets, and pool safety fence. Your family will love the HUGE .6 ACRE LOT with WHITE VINYL PRIVACY FENCE for pets and children to roam free. Enjoy 3000sqft of BRICK PAVERS, a BACKYARD PERGOLA with an outdoor grill for entertaining, and an OUTBUILDING 12x20 with AC, used as HOME OFFICE, SHE SHED, MAN CAVE, game room or exercise studio! The WIDE SIDE YARD GATE on left side beckons you to BRING YOUR BOAT, TRAILER, ATVS, CAMPER OR RV. OR else use the HUGE CIRCLE DRIVEWAY with Beautiful pavers which provides PLENTY OF PARKING and PRIVACY FOR CARS, BOATS OR YOUR TRAILER. There is NO HOA AND NO DEED RESTRICTIONS, and is positioned safely outside flood and evacuation zones. Close to the Hospital, restaurants, shopping, golfing, Pine Island on the Gulf of Mexico, Buccaneer Bay water park, Weeki Wachee Springs and the Withlacoochee River for kayaking, boating and natural springs. START ENJOYING THE FLORIDA LIFESTYLE in FLORIDA’S NATURE COAST! Close to Veteran's Expressway, 40 minutes to Tampa or head north to Crystal River. Within an hour’s drive of Tampa, Orlando, major theme parks. This rare opportunity presents a move-in ready home — a place where you can truly live, work, and play in harmony -- schedule your private showing today!
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.
