Privacy, space, and scenic conservation views await in this BEAUTIFUL 3-bedroom plus den, 2 bath POOL home, ideally situated within the highly sought-after community of Channing Park and zoned for A-RATED SCHOOLS including Newsome High. Positioned on an expansive pie-shaped homesite, this home enjoys a beautiful outdoor setting with a pond visible in the distance, adding to the natural beauty of its surroundings. Attractive curb appeal and an inviting entry welcome you inside, where architectural niches and an open, functional floor plan create an airy & welcoming atmosphere. The main living area was freshly repainted in Spring 2026 in a neutral color that complements any style of décor. Just off the foyer, the spacious study with double doors provides a versatile space that can easily serve as a home office, playroom, home gym, media room, or even a 4th bedroom. Beyond the study, the formal dining room adds to the home's versatile layout, providing an elegant space for entertaining that can also be reimagined as an additional living area or hobby space. A beautifully illuminated grand rotunda serves as the centerpiece of the home, connecting two secondary bedrooms, a full bathroom, and the laundry room, which includes the washer & dryer. From the dining room, the home opens into a spacious kitchen café that comfortably accommodates both casual meals & upscale gatherings. The adjoining kitchen overlooks the large Gathering Room and is thoughtfully appointed with 42-inch maple cabinetry topped w/crown molding, Corian countertops, stainless steel appliances including a gas cooktop range, & a dedicated pantry. The large triple pocket sliders in the Gathering Room create a seamless transition between indoor & outdoor living. Step outside to a private lanai centered around a large swimming pool, enhanced by a NEW POOL PUMP installed in 2025 & a Bluetooth robotic pool vacuum to keep your pool sparkling for years! Thanks to the home's location on a large pie-shaped homesite, the pool & lanai take full advantage of the private conservation backdrop, creating a peaceful outdoor setting with plenty of room for entertaining, outdoor dining, or simply enjoying the Florida sunshine. Back inside, the Primary Retreat provides a peaceful escape with views of the lanai & pool area. A custom barn door opens to the expansive en-suite bath, which features a tiled walk-in shower with seamless glass shower door, extended vanity with dual sinks, custom mirrors, upgraded vanity lighting, additional cabinet space for added storage, & walk-in closet. Additional notable upgrades include BRAND NEW CARPET (2026) in the study and all bedrooms; NEWER gas water heater (2023); BRAND NEW irrigation system lines (2026); NEWER exterior paint (2024); Custom window treatments throughout; ADT security system; Ring video doorbell; Whole home gutters; and Custom chandeliers in formal dining room, rotunda, casual dining, & Primary Bedroom. Residents of Channing Park enjoy access to an impressive collection of resort-style community amenities, including two Swimming Pools, a Splash Pad, Clubhouse, Fitness Center, Basketball Court, Soccer Field, Playground, Skateboard park, Dog Parks, Walking Trails & More. Conveniently located just minutes from top A-rated schools, shopping, dining, state parks, major medical facilities, and approximately 45 minutes from MacDill Air Force Base, this home offers the perfect combination of everyday convenience & an active outdoor lifestyle.
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.
