**Welcome to 1488 Cassius Street — Your Dream Home in Willow Square, Lutz!** Welcome to the sought-after gated community of Willow Square, where this beautifully designed 2-bedroom, 2.5-bathroom end-unit townhome offers the perfect blend of modern style, everyday comfort, and Florida living at its finest — complete with serene preserve views right from your doorstep. Step inside to a bright, open-concept layout flooded with natural light, courtesy of the extra windows only an end unit provides. Contemporary finishes and a spacious floor plan suit a variety of lifestyles, while the well-appointed kitchen features sleek cabinetry, granite countertops, and stainless steel appliances that flow seamlessly into the dining and living areas — ideal for both relaxing and entertaining. Upstairs, two generously sized bedrooms each have their own private ensuite bath, perfect for guests, roommates, or family. The primary suite is a true retreat, complete with a custom built-in closet system designed to maximize storage. Both bathrooms are finished with elegant granite countertops, adding a polished, upscale touch. A convenient half bath on the main level adds everyday practicality, and the one-car garage features an overhead storage rack — perfect for keeping gear organized and out of the way. An additional utility closet inside the home provides even more storage space for all of life's extras. Unwind on your screened-in patio overlooking lush preserve views — the perfect spot for your morning coffee. The community swimming pool is just a short stroll away, and the private gated entrance ensures peace of mind and beautifully maintained surroundings year-round. Zoned for top-rated schools — Lake Myrtle Elementary, Charles S. Rushe Middle, and Sunlake High School — and minutes from Tampa Premium Outlets and The Shops at Wiregrass, the location is hard to beat. Commuters will appreciate quick access to I-75, I-275, and Veterans Expressway (SR-589), putting Downtown Tampa, Wesley Chapel, Tampa International Airport, and St. Petersburg all within easy reach. Don't miss this rare opportunity to own a stunning end-unit townhome with preserve views in one of Lutz's most desirable communities. 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.
