Welcome to your new home in sunny Florida! This beautiful, very popular 2019 Lennar home features 4 bedroom, 2.5 bath with over 3,034 heated square feet of comfort and style, perfectly positioned to enjoy amazing Florida sunsets over on a serene pond. From the moment you step inside, the 9-foot soaring ceilings and crown molding in the family room create a fresh, open, elegant atmosphere. The main floor features an open spacious, centrally located family area that flows seamlessly into a gourmet kitchen complete with granite countertops, stainless steel appliances, a large island with seating, 42-inch dark hickory stained cabinets, and a walk-in pantry just off the butler’s prep area. The formal dining or living room is currently used as an office, providing great flexibility to tailor the space to your needs. The home also features a versatile mudroom off the garage and half bath, perfect for backpacks, pet essentials, or even a compact workspace. Upstairs, all four bedrooms are arranged in the high demand split floor plan. The stairs ascend into a huge, centrally located loft ideal for a media room, playroom, or additional office space. The primary bathroom is very spacious and feature a very large bath with separate tub, shower and water closet. The "L" shaped primary closet comes with built in cabinetry. The primary and secondary bathrooms both include dual sinks and beautiful granite finishes. Step outside to enjoy a fully fenced large backyard and a peaceful screened porch overlooking the pond. The home includes hurricane shutters for added security, a water softener system for amazing water and an energy efficient hybrid water heater. Your new home is not in a flood zone, for amazing insurance prices. Your new home has excellent curb appeal with its paver driveway, covered front porch and well-kept tropical landscape. The South Fork master planned community amenities include a clubhouse, pool, park, and sports court and are a short walk to the south. Your new home is located in the desirable Riverview area, just 25 minutes southeast of downtown Tampa, where you'll find the arts, museums, live events at the Benchmark International Arena, home of the Tampa Bay Lightning. Even cruise terminals to the Keys, Mexico and throughout the Caribbean are all just 25 minutes from your home. Speaking of location, your new home is only a mile from US-301, where you'll find everything you want. Shopping, fast food, fine dining, seafood, groceries, hospitals, movie theaters and so much more. Tampa International Airport and Raymond James Stadium, home of the world famous Tampa Bay Buccaneers are about 50 minutes away. Location, location, location. The virgin Bradenton and bustling Pinellas county, sugar sand, Gulf Coast beaches are only an hour to the west. An assumable VA loan at 5.22% is available for VA qualified buyers. All measurements are approximate and not guaranteed. Homes like this don’t come around often. Call or text today to schedule your private viewing!
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.
