Room to live, work, and gather comfortably defines this two story Dade City home. With 4 bedrooms, 2.5 baths, a dedicated office, an expansive loft, and a 2 car garage, the flexible layout provides multiple living spaces along with thoughtful updates that give the interior a fresh, welcoming feel. An inviting first impression begins with mature trees, lovely landscaping, and a stone accented exterior that adds character and charm. Step inside to a refreshed interior featuring new interior paint, new carpeting throughout the second floor, and stylish updates homeowners crave. The first floor is designed for connected living while still offering distinct gathering spaces. The private 24x14 living room features luxury vinyl plank flooring, a ceiling fan, and a large storage closet. Nearby, a trendy half bathroom with a newer vanity and accent wall provides convenience for guests. Flow easily into the oversized eat-in kitchen, where a modern country-inspired design creates a warm atmosphere. This well-appointed space offers a central island, recessed lighting, ample storage and prep space, and views into the formal dining room. The adjoining breakfast nook leads to the walk-in pantry, adding to the everyday practicality. Just beyond, the formal dining room features a stylish shiplap-look accent wall and updated lighting. A sliding door opens directly to the screened porch, creating an easy alfresco dining option and extending the entertaining space outdoors. A dedicated office and a conveniently located laundry closet complete the first floor. Upstairs, the freshly carpeted staircase leads to an expansive open loft that offers incredible versatility. This oversized area is ideal for a media room, second living room, game room, playroom, or creative studio. The possibilities here are endless! The primary suite sits nearby and provides a comfortable retreat. It features his and hers walk-in closets and a tranquil ensuite bathroom with dual sinks, a walk-in shower, and a separate soaking tub. Three additional guest bedrooms all offer plush carpeting, ceiling fans, and built-in closets. They share a full bathroom with dual sinks and a tub/shower combination. Storage is abundant throughout the home, with multiple storage closets and built-in shelving in the garage to help keep everything organized. Relaxed living awaits outdoors in the vinyl privacy fenced backyard. Enjoy morning coffee or evening gatherings on the covered and screened porch, sit around the fire pit, or envision transforming the backyard into your own pool oasis. This home backs directly to the Burks Park recreation sports fields and offers convenient access to downtown Dade City, local schools, medical facilities, major highways, and everyday shopping and dining. Schedule your private showing today see why this home is the one for you!
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.
