ONE STORY David Weekley Home offering 2 Beds, 2 Baths and BONUS/FLEX SPACE! Located in Gated / Amenity Rich Resort Style 55+ Encore at FishHawk Ranch! Explore Tampa’s premier 55+ Encore community within the highly desirable FishHawk Ranch! This move-in ready David Weekley home offers luxury, comfort, and low-maintenance living at its finest. From the moment you arrive, you'll be impressed by the stunning curb appeal—pavered driveway and walkway, stacked stone accents, manicured landscaping, and a beautiful glass front door set the tone for what’s inside. Step through the entry and experience the elegant details throughout: high ceilings, crown molding, plantation shutters, wood-look tile flooring, and neutral tones that complement any décor. The flexible front room makes a perfect home office, den, or second living space. The gourmet kitchen is a chef’s dream, boasting stone countertops, stainless steel appliances, raised white cabinetry with crown molding, a striking tile backsplash, and an oversized island with seating—ideal for entertaining. The kitchen opens seamlessly to a bright dining area with triple windows and plantation shutters, perfect for hosting holiday gatherings. The spacious family room is filled with natural light, offering an upgraded ceiling fan and French doors leading to the screened and covered lanai. The owner’s suite is a private retreat featuring a tray ceiling, massive walk-in closet, and a spa-like en-suite with dual vanities, stone countertops, and a luxurious walk-in shower. A second bedroom and nearby full bath offer privacy and comfort for guests. Step outside to enjoy the covered lanai overlooking a generous backyard—perfect for soaking in the Florida sunshine. Encore at FishHawk Ranch offers resort-style living, including: Lawn maintenance, Spectrum high-speed internet, and premium cable included in HOA. The Oasis Club: heated infinity pool & spa, fitness center, grill stations, pickleball, bocce ball, basketball, card rooms, outdoor TVs, and a full-time activities director. Access to additional FishHawk Ranch West amenities: The Lake House, community pool, fitness center, parks, playgrounds, and more. Don’t miss this opportunity to own a turnkey home in one of Tampa Bay’s premier active adult communities. Call today for your private tour!
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.
