One or more photo(s) has been virtually staged. Walk into this beautiful 3-bedroom, 2-bathroom home featuring a spacious open floor plan and numerous upgrades throughout. As you step through the foyer, you'll find a secondary bedroom and a convenient full bath to your left, along with a versatile flex room that can serve as a study, game room, or easily be converted into a fourth bedroom. To the right, you'll find access to the 2-car garage, laundry room, and third bedroom. Continue into the expansive great room, dining area, kitchen, and breakfast area, all designed for comfortable everyday living and entertaining. The kitchen boasts 42-inch cabinets, a large walk-in pantry, a spacious center island that doubles as a breakfast bar, and includes a stove, dishwasher, disposal, and plenty of storage space. The private Owner's Suite is tucked away for added privacy and features an en-suite bath with dual sinks, a walk-in shower, separate water closet, and a spacious walk-in closet. One of the home's standout features is the extended living room, providing even more space for gathering with family and friends. Outside, enjoy the wonderful enlarged front patio, the perfect spot to relax in the evening, unwind with a cool drink, and enjoy the neighborhood atmosphere. A covered rear patio off the breakfast area extends your living space outdoors, offering the ideal setting for morning coffee, peaceful relaxation, or weekend cookouts with guests. The fully fenced backyard provides privacy and a secure space for pets and outdoor entertaining. Throughout the home, you'll appreciate the elegant plantation shutters, adding timeless style, privacy, and light control to the living spaces. This thoughtfully designed home offers the perfect combination of comfort, functionality, and flexible living space, making it ideal for families, entertaining, or simply enjoying the Florida lifestyle. Ideally situated in desirable Land O’ Lakes, this home offers convenient access to Downtown Tampa, Tampa International Airport, vibrant St. Petersburg, and the stunning Gulf Coast beaches. With easy connections to I-75 and the Suncoast Parkway, residents can enjoy shopping, dining, entertainment, and world-famous destinations such as Clearwater Beach, Honeymoon Island, and St. Pete Beach—all within approximately an hour's drive. This prime location combines peaceful suburban living with the best of the Tampa Bay area just minutes away.
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.
