GATED IN FISHHAWK RANCH! Come see this David Weekley built Craftsman Style home sitting on a large lot on a private Cul de sac street with No Rear Neighbors. Bayberry Glen is an intimate – gated Fishhawk Ranch enclave comprised of just 35 homes. Great curb appeal includes brick paver driveway, stone and handsome craftsman accents! Step inside and explore this wonderful design with room for all! The gourmet kitchen boasts granite counters, 42” espresso cabinets, lots of counter space, center island, stainless appliances, pendant lighting, walk-in pantry and opens to the family room as the hub of this fantastic design! Large picture windows in your great room provide an abundance of natural light and views of your covered / screened lanai and private yard. Your first-floor master suite features a luxurious en suite with garden tub, dual sinks and a very large walk-in closet! You will also find a first-floor home office and convenient guest bath. Venture upstairs and discover a large open bonus room area plus, Two more large bedrooms sharing a Jack & Jill bath AND the 4th Bedroom / Guest Suite offering its own private 3rd bath! This home is located on a cul de sac street in gated enclave with little to no traffic. Recent updates include fresh paint, brand new carpet, brand new stove, brand new refrigerator. This home is immaculate and move in ready! All of this in Hillsborough 's Award Winning Resort Style Community of Fishhawk Ranch featuring: Clubhouses, pools, Water Park, Pickleball, movie theater, fitness center, miles of trails for walking or biking, tennis, basketball, baseball, roller hockey, skate park, & On-Site Top Rated schools ( Bevis Elementary, Randall Middle, Newsome High). Fishhawk is a Lifestyle - This is Florida living at its BEST!! Minutes to MacDill AFB, Tampa, Florida Attractions, Golf Courses and World Class Beaches!! Call Today for a Private Tour!
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.
