WELCOME TO CYPRESS CREEK LIVING AT ITS FINEST! Situated in one of Ruskin’s most sought-after communities, this spacious 4-bedroom, 3-bathroom home offers over 2,500 square feet of thoughtfully designed living space with room for everyone. Perfectly suited for today’s lifestyle, the versatile floorplan features a first-floor bedroom and full bath, making it ideal for guests, multigenerational living, or a private home office setup. An additional flex room on the main level provides endless possibilities as a formal dining room, office, playroom, or hobby space. The heart of the home is the well-appointed kitchen featuring 42-inch cabinetry, beautiful quartz countertops, reverse osmosis drinking water, and an open layout that flows seamlessly into the main living areas. Throughout the home, you’ll find quality finishes including granite countertops in all bathrooms, providing both style and durability. Upstairs, you’ll find a massive bonus room perfect for movie nights, a game room, media space, play area, or additional family gathering space. Retreat to the oversized primary suite complete with a spacious walk-in closet and spa-inspired ensuite bath featuring a soaking tub and separate walk-in shower. This home has been extensively updated for peace of mind and energy efficiency, including a NEW ROOF (2025), TWO NEW HVAC SYSTEMS WITH UV FILTRATION (2025), WHOLE-HOUSE WATER SOFTENER (2025), NEW LUXURY VINYL FLOORING UPSTAIRS (2025), and NEW ATTIC INSULATION (2025). Fresh interior and exterior paint provide a truly move-in-ready experience. Additional highlights include tile flooring throughout the main level, luxury vinyl flooring upstairs, NO CARPET, a fenced backyard, screened lanai, and abundant living space designed for comfortable everyday living and entertaining. Located in the highly desirable Cypress Creek community with convenient access to shopping, dining, schools, and major commuter routes, this home offers the perfect combination of space, updates, and value. Don’t miss your opportunity to own this beautifully updated home in one of Ruskin’s most popular neighborhoods!
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.
