Virtually Staged. Welcome to gated Indian Lakes, where comfort, style, and convenience come together in this beautifully maintained 3 bedroom, 2 bathroom POOL HOME offering 1,633 heated square feet of living space. From the moment you arrive, you’ll be impressed by the exceptional curb appeal featuring lush tropical landscaping, mature palm trees, and an attractive elevation that creates a warm and inviting first impression. Double front doors open to a bright and airy interior filled with natural light, enhanced by numerous windows and glass sliders throughout the home. The interior has also been freshly painted, creating a clean and move-in ready feel. The welcoming floor plan begins with formal living and dining spaces, perfect for entertaining guests or enjoying everyday living. Just beyond, the kitchen features sleek cabinetry, stainless steel appliances, and a charming breakfast nook overlooking the sparkling pool. The adjacent family room creates a seamless flow, making gatherings with family and friends effortless. The split bedroom layout provides privacy and functionality. Two spacious secondary bedrooms are situated on one side of the home and share a well-appointed bathroom that also offers convenient access to the pool area. Privately tucked away on the opposite side of the home, the primary suite serves as a relaxing retreat with sliding glass doors leading directly to the lanai. The ensuite bath features dual vanities, a soaking tub, and a separate shower designed for comfort and relaxation. Step outside and discover your own backyard oasis. The covered lanai provides the perfect place to unwind, dine outdoors, or enjoy morning coffee while overlooking the beautiful screened enclosure and sparkling pool, creating the ideal setting for year-round Florida living. Additional highlights include a brand-new roof with a transferable warranty for added peace of mind and a well-maintained 2017 HVAC system. Ideally located just off State Road 54, Indian Lakes offers convenient access to Interstate 275, Tampa Premium Outlets, shopping, dining, medical facilities, and everyday conveniences. Combining a desirable gated community, functional floor plan, private pool, major system updates, and a prime location, this home presents an outstanding opportunity and exceptional value. Schedule your private appointment 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.
