Step into your new home just steps away from the highly sought-after Tampa Catholic High School. This beautifully renovated 4-bedroom, 2-bathroom home offers a thoughtfully designed open living space, where modern finishes meet everyday functionality. From the moment you arrive, you'll appreciate the cedar-stained accents that set the tone for everything this home has to offer. Inside, the open-concept layout welcomes you with luxury vinyl plank flooring, recessed lighting and updated finishes throughout. The kitchen serves as the heart of the home, featuring custom cabinetry, quartz countertops, and a stainless steel appliance package, creating the perfect space for cooking, entertaining, and gathering with family and friends. The spacious primary suite offers a private retreat with a double-sink vanity and a modern walk-in waterfall shower. A second beautifully updated bathroom features custom finishes, quartz countertops, floating wood shelves, and a second walk-in waterfall shower, providing both style and functionality. Every detail has been thoughtfully considered, from the decorative barn doors featured in the laundry closet and pantry to the custom floating wood shelves that add warmth and character throughout the home. Beyond the beautiful finishes, this home has been thoughtfully renovated with attention to both style and functionality, creating a comfortable, move-in-ready living experience for its next owner. A 2021 permitted roof and a permitted square footage expansion further enhance the value and appeal of this property. Step outside and enjoy the benefits of a large corner lot featuring an expansive backyard with endless possibilities for entertaining, gardening, pets, or future outdoor enhancements. Two side-entry gates and a large rear access gate provide convenient access for vehicles, trailers, boats, or recreational equipment. Location is everything, and this home delivers. Situated directly across from Tampa Catholic High School and just moments from the Hillsborough River, this area is experiencing continued growth, luxury home renovations, and redevelopment, making it an exciting opportunity for buyers looking to plant roots in one of Tampa's evolving neighborhoods. Conveniently located near Downtown Tampa, Armature Works, the Tampa Riverwalk, Tampa International Airport, major hospitals, and some of Tampa's best dining and entertainment destinations, this home blends style, comfort, and connectivity into one beautifully updated package. 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.
