One or more photo(s) has been virtually staged. OUTSTANDING MOVE-IN READY HOME IN SUN CITY CENTER’S PREMIER 55+ COMMUNITY — READY FOR A QUICK CLOSING! Here’s your opportunity to own a beautifully maintained custom home in one of Florida’s most desirable 55+ communities. A recent contract fell through at the last minute, and all title work has already been completed, making this property ready for a fast and seamless closing. For added peace of mind, the seller has proactively completed repairs identified in the previous inspection report. Recent improvements include a NEW HVAC system and roof repairs completed 02/26, electrical repairs inside and out, new rubber installed at the base of the garage door, and NEW PVC trim around the garage door and front entry pillars. This exceptional 2-bedroom, 2-bath residence offers spacious and flexible living with a large Florida room, a bonus craft/workshop room with a mini-split A/C, an expansive covered screened lanai, and a 2-car garage. From the moment you arrive, the attractive easy-care landscaping, pristine driveway, and charming paver walkway create outstanding curb appeal. Step through the elegant leaded-glass front door into a custom-designed living room featuring rich wood accents, detailed trim work, and beautiful wood flooring that continues into the dining area. The remodeled kitchen is designed to impress with granite countertops, stainless steel appliances, a gas cooktop, abundant cabinetry, and generous storage space. Filled with natural light from impact-rated windows, the spacious Florida room provides the perfect place to entertain, relax, or enjoy hobbies while overlooking the huge covered screened and tiled lanai and peaceful backyard setting. The thoughtfully designed floor plan includes vinyl flooring in the kitchen, tile in the Florida room, and comfortable carpeting in the bedrooms. Adjacent to the oversized laundry room is a versatile bonus craft or woodworking room complete with its own mini-split air conditioning system. Additional updates and features include: 200-amp electrical panel (2024) Impact-rated windows and front door (1999 & 2023) Screen room/utility room addition (2014) Water/sewer meter (2016) New roof (2018) New garage door opener Water softener Lined cast iron sewer lines. The LOW HOA fee of just $75 per month includes lawn care. Sun City Center offers an unmatched Florida lifestyle with resort-style amenities including a state-of-the-art fitness center, indoor Olympic lap pool, resistance pool, outdoor pool, softball, pickleball, tennis, lawn bowling, dancing, and more than 150 clubs and activities. Optional Club Renaissance membership and access to 36 holes of golf are also available. Conveniently located near Tampa, Sarasota, and St. Petersburg, you’ll enjoy easy access to award-winning beaches, airports, shopping, dining, entertainment, and top healthcare facilities. This home truly has it all — quality updates, flexible living spaces, outstanding value, and an unbeatable community lifestyle. Schedule your private showing today and start enjoying the Florida lifestyle you’ve been dreaming about!
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.
