Beautiful, David Weekley POOL home on approx. 1/3 acre in the gated Eagle Ridge Community of Fish Hawk Ranch. This “Mandell” floor plan is exactly what you have been waiting for. The home features 5 bedrooms, 4 baths, and an oversized 2nd story bonus room that has an awesome queen-sized murphy bed with bookshelves to provide all additional space your family needs and sleep overs in comfort. The open concept kitchen features granite countertops with a breakfast bar, stainless steel appliances, and custom maple cabinets. It opens to the large family room with inviting views of nature. The oversized patio with pool and spa overlooks the spacious backyard with mature oaks and plenty of privacy to create an oasis for your family to enjoy and entertain. Other updates include newer A/Cs (2018, 2020, and 2021), a new roof (2018), a tankless/endless hot water heater (great for families that shower around the same time/do laundry when showering), a amazing epoxy floor in the garage (makes for easy cleaning and looks great). Zoned for awesome A-rated schools and walking distance to/from Bevis Elementary (5 minute walk), Randell Middle and Newsome High school, as well as access to all the amazing FishHawk Ranch amenities, including resort-style community pools (Oasis/Aquatic Park), parks, playgrounds, 30+ miles of trails, clubhouses, gyms, tennis courts, and a beautiful turf sports complex. Also close to amazing Florida attractions including world-class theme parks, beaches, restaurants, and entertainment, and a short drive to Downtown Tampa and MacDill Air Force Base. A must-see! Recent renovations include luxury granite flooring throughout the Master Bedroom and Bathroom, updated vanities with granite countertops. Recently painted exterior of the house with top quality Sherwin Williams ergo mastic paint also remodeled guest suite and guest bathroom with high end tile and bathroom ornaments to complete a beautiful flow throughout the house. Upgrades to the pool (resurfacing-2026) and new spa motor (2025), cleaner (2025) and tubing. Contemporary light fixtures have been upgraded throughout the house. Decorative high-end wood engineered flooring replaced carpeting in the jack and jill bedroom and bathroom. If you have dogs 50 pounds or less there are doggie doors on the screened pool doors, so the dogs can go in/out by themselves (very easy to train the dogs to use them). Platinum water filtration/softener system w/Culligan, leafless gutters and four-point security cameras that you can view and speak through from anywhere in the world when on vacation for your family's peace and security. Kevlar hurricane sheets to cover exterior entry ways and windows with easy attachments have been added for peace of mind & safety when the Cat. 5's arrive. Buyers' will be able to water grass during drought with free reclaimed water and the automatic sprinkler system. Buyers' family also has FREE access to FishHawks popular Aquatic Center with 3 huge pools, 1 heated, a slide for added fun, lap pool, H2O volleyball, basketball courts, tennis/pickle ball courts and a huge skate park. When you don't want to grill/cook Town Square is in FishHawk as well with shooting water fountains for kids and restaurants with indoor/outdoor seating and amazing salads, burgers, wings and more.
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.
