***NEW ROOF BEING INSTALLED(2/13/2026) This inviting 2 bedroom, 2 bath, home in Clearview Lake Estates features meaningful upgrades throughout and offers comfort, charm, and a modest lifestyle. A prime location in a NON-EVACUATION, NON-FLOOD ZONE, with easy access to and minutes away from downtown Dunedin and Clearwater Beach. From the moment you pull in, it’s clear this is a home that’s been loved and cared for. The exterior makes a strong first impression with a lush St. Augustine lawn, paired with contemporary landscaping, and a newly widened driveway that adds both curb appeal and practicality. Step inside and you’re greeted by an open, sun filled living space. FRESH, neutral PAINT from walls to ceiling with RECESSED LIGHTING throughout the home and NEW INTERIOR DOORS AND HARDWARE provides a modern feel. The flow of the home features the kitchen at the heart, connecting naturally to the main living area, showcasing black GRANITE COUNTER TOPS, SOLID WOOD CUSTOM CABINETRY, recessed lighting, and STAINLESS-STEEL APPLIANCES. A flexible BONUS ROOM adapts to your lifestyle which could be used as a home office, creative studio, or playroom. The primary suite offers a functional, private escape with NEW TILE FLOORING and a beautifully UPDATED ENSUITE BATH with high-end finishes and a walk-in closet outfitted with CUSTOM BUILT-INS. The guest bedroom is spacious and bright, with new tile flooring, generous closet space and easy access to the RENOVATED GUEST BATHROOM. French doors open out to the covered, screened-in patio that overlooks a manicured, private backyard that is a perfect area to relax. The concrete pad makes for a great firepit or grilling area. A tasteful yet functional outdoor shed provides ample overflow storage and convenience. NOTABLE UPGRADES include Daikin air conditioner (2022) and water heater (2023), with SPRAYED ATTIC INSULATION for added year round comfort and energy efficiency. New Sprinkler Pump and sprinkler system serviced (2025) **Buyers:Please do not approach the home without a scheduled appt. The home is occupied. Thank you for your interest!**
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.
