THIS IS IT! Welcome to this stunning 4-Bedroom, 2.5-Bathroom, 2-Car Garage home with “BACKYARD OASIS”, located in the highly sought-after community of THE PRESERVE. Built in 2021, this two-story residence was built with ALL-concrete BLOCK construction on both LEVELS with an OPEN-CONCEPT layout downstairs connecting the MAIN living areas. The spacious Living Room features a stylish ACCENT wall and large double windows bringing in an ABUNDANCE of natural light, creating a warm and inviting ATMOSPHERE. At the HEART of the HOME, the KITCHEN impresses with a center island and breakfast bar seating, granite countertops, stainless steel appliances, tile backsplash, under-cabinet lighting, and a closet pantry with additional shelving. A separate DINING area provides the perfect space for ENTERTAINING during holidays and those special occasions. STEP through the sliding glass doors to your “BACKYARD OASIS” featuring (22x13) Brick Paver Patio with Pergola – providing additional outdoor entertaining space, perfect for hosting weekend BBQ’s or enjoying your morning coffee. The yard also features an additional (10x10) brick paver extension, ideal for a basketball hoop or flexible outdoor use. With plenty of room for a playground, garden, or future enhancements, this outdoor space offers ENDLESS possibilities. The first floor also includes a beautifully updated half bathroom with NEW vanity and wainscoting, along with convenient under-stair storage and a coat closet. UPSTAIRS, enjoy a thoughtfully designed Split Floor Plan that offers both privacy and comfort. This level offers four bedrooms, two full bathrooms, and laundry room. The Owners Suite has a Walk-In Closet and En-Suite Bathroom features dual sink vanity, glass-enclosed shower, and linen closet. Three additional bedrooms share a well-appointed second bathroom with dual sinks and a shower/tub combination. The upstairs Laundry Room adds everyday convenience and includes a Washer & Dryer. This home is equipped with SMART HOME technology, including a central touchpad connected to the alarm system, cameras, video doorbell, and more. Additional features include a Fenced Yard, Gutters, Hurricane Shutters, and Water Softener System. Residents of THE PRESERVE enjoy Resort-Style Amenities including a Clubhouse with Fitness Center, 2 Swimming Pools, Basketball Court, Dog Park, Playground, and Soccer/Sports Fields. The community also offers DIRECT access onto Suncoast Trail—perfect for Biking, Running, and Walking! Conveniently located with EASY access to SR 54, the Suncoast Expressway, I-75, I-275, downtown Tampa and Tampa International Airport. Nearby beaches, golf courses, medical facilities, TOP RATED schools, shopping, restaurants, and much more! This exceptional HOME truly has it all—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.
