Welcome to elevated everyday living in this beautifully appointed three level brick townhome located in the sought after Beech Tree community. With 4 spacious bedrooms and 2.5 baths, this home blends modern comfort with a lifestyle designed for both relaxation and connection. Step inside to a sun filled open concept main level where natural light pours through large windows, creating an inviting space perfect for both quiet evenings at home and lively gatherings with family and friends. The seamless flow between the living and dining areas makes entertaining effortless while maintaining a warm and comfortable atmosphere. Step outside and discover one of the home’s most enjoyable features. The expansive deck overlooking the fenced rear yard creates the perfect setting for morning coffee, weekend grilling, or relaxing at the end of the day. It is an outdoor space that quickly becomes a favorite place to unwind. Everyday convenience is built in with a two car garage and additional street parking available for guests. Life in Beech Tree offers more than just a beautiful home. Residents of Beech Tree enjoy resort style amenities including an outdoor pool, party room, exercise room, tennis courts, and tot lots and playgrounds that create a vibrant and welcoming neighborhood atmosphere. Residents also have the opportunity to purchase membership at the Lake Presidential Golf Club, the championship golf course located within the Beechtree community. Ideally located just minutes from Largo Town Center Metro, major commuter routes, shopping, dining, and everyday conveniences, this location offers the perfect balance of accessibility and recreation while still feeling tucked away in a beautiful community setting. Come see what life at Beech Tree is all about and imagine yourself calling 15103 Hogshead Way home.
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.
