Welcome to the prestigious, 24-hour guard-gated community of Cory Lake Isles, where luxury, security, and resort-style living create an extraordinary place to call home. From the moment you arrive, this warm and beautifully maintained residence makes a lasting impression. Offering nearly 2,900 square feet of heated living space, this stunning 4-bedroom, 2.5-bath home with a spacious loft blends elegance with everyday comfort. Designed for both entertaining and relaxed family living, every space feels inviting, open, and thoughtfully crafted. An inviting paved driveway sets the stage for what awaits, leading you to a charming covered front porch that instantly feels like home. Step through the front door and you’re welcomed by elegant formal living and dining spaces that flow effortlessly into the heart of the home, creating a seamless, open layout perfectly designed for both memorable gatherings and comfortable everyday living. The open-concept family room and kitchen create the perfect setting for everyday living and memorable gatherings. The gourmet kitchen is designed to impress, featuring granite countertops, stainless steel appliances, an abundance of 42” Timbelake Wyoming Square Cherry Spice cabinetry, a center island, breakfast bar, and a large pantry. A generous dining space just off the kitchen easily accommodates a full-size table, deal for entertaining family and friends. A dramatic staircase with elegant wrought iron spindles leads to the second floor, where gleaming hardwood floors extend throughout. The expansive loft offers incredible flexibility—perfect for a media room, home office, or playroom. The private Master suite is thoughtfully separated from the secondary bedrooms and features walk-in closets and a spa-like bath complete with dual granite vanities, a relaxing garden tub, and an oversized walk-in shower. Three additional generously sized bedrooms—including one with beautiful built-ins—along with a full bath featuring dual sinks and a conveniently located upstairs laundry room complete the second level. Enjoy Florida living at its finest from your covered and screened lanai overlooking a spacious backyard—perfect for relaxing evenings or weekend barbecues. Cory Lake Isles offers an unmatched lifestyle with a 165-acre SKI LAKE resort-style pool, 6,000-square-foot lakeside Beach Club with fitness center, tennis courts, basketball courts, sand volleyball courts, outdoor roller hockey rink, nature trails, boat launch, onsite boat storage, picnic pavilion, beach playground, and multiple parks and green spaces throughout the community. Ideally located in the heart of New Tampa with convenient double-gated access, this home is just minutes from USF, I-75, Tampa Premium Outlets, VA Hospital, Moffitt Cancer Center, premier shopping, dining, and the Flatwoods Nature Trails. Don’t miss this exceptional opportunity to own a beautiful home in one of Tampa’s most sought-after 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.
