Built in 2021 and situated on a rare .30-acre oversized lot, this beautifully upgraded home offers the perfect blend of modern luxury and Florida lifestyle. Featuring 3 bedrooms plus a den, a formal dining room, and a spacious 3-car garage, the thoughtfully designed open floorplan is complemented by tall ceilings, abundant natural light, and high-end finishes throughout. From the moment you enter, your eyes are drawn to the stunning outdoor living space with direct views of the heated saltwater pool and spa. The spa overflows into the pool and features an upgraded blower and additional jets, creating a true resort-style experience. The entire area is surrounded by elegant shellock pavers, making it the perfect place to relax or entertain. Inside, the home showcases luxury vinyl flooring, impact-rated doors and sliders, and a beautifully appointed chef’s kitchen designed for both everyday living and entertaining. The kitchen features upgraded cabinetry, granite countertops, a high-end 36" six-burner BlueStar gas cooktop, and built-in double wall ovens. Additional premium upgrades include a gas tankless Rinnai water heater and a gas hookup for an outdoor BBQ. For boating enthusiasts, the location is exceptional. Multiple boat ramps and marinas on the Anclote River are just a block away, providing easy access to the Gulf and surrounding waterways. This home is also perfectly positioned to enjoy everything Tarpon Springs has to offer. The famous Sponge Docks are just minutes away, where you can experience the city’s rich Greek heritage, incredible seafood, and vibrant waterfront atmosphere. Downtown Tarpon Springs offers charming shops, cafés, art galleries, festivals, concerts, and community events year-round. Outdoor lovers will appreciate the nearby parks, beaches, kayaking, fishing, boating, golfing, and the Pinellas Trail, less than a quarter mile away offering over 50 miles of paved trails. Paved trails connecting the Anclote River parks along Anclote Road provide even more opportunities to enjoy the natural beauty of the area. 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.
