Your dream home awaits! This impressive 2018 Sonoma model by M/I Homes offers over 3,500 sq. ft. in the highly sought-after Talavera community! This spacious 5-bedroom, 3-bath home features a three-car garage—perfect for vehicles, bikes, or extra storage—and beautiful curb appeal with lush landscaping leading to a charming front entrance. Step inside to an open-concept family room bathed in natural light, creating a warm and inviting atmosphere for gatherings and relaxation. The home boasts elegant laminate flooring throughout the main level, staircase, and much of the second floor, complemented by upgraded lighting and ceiling fans for comfort and style. The gourmet kitchen is a chef’s dream, showcasing a large center island, high-end stainless steel appliances (including a newer refrigerator), chic pendant lighting, a sleek backsplash, and 42” wood cabinets with crown molding. A cozy dinette area overlooks the backyard, and sliding glass doors open to your spacious, fully fenced yard—perfect for family barbecues, outdoor games, or peaceful evenings under the stars. There’s also plenty of room to add a pool or transform the space into your very own Florida vacation paradise. On the main floor, you’ll find a versatile guest bedroom, ideal for visitors, a home office, or even a gym. Upstairs, a loft area offers flexible living space for a movie room, playroom, or relaxation zone. The oversized primary suite feels like a retreat with a walk-in closet and a luxurious en-suite bathroom featuring dual vanities. Three additional bedrooms and a large laundry room complete the upper level. Equipped with two energy-efficient AC units, this home ensures year-round comfort and savings. Living in Talavera means enjoying resort-style amenities that make every day feel like a getaway—a refreshing beach-entry pool, tennis, pickleball and basketball courts, playground, splash pad, and clubhouse events. Food trucks visit on weekends, and the neighborhood is golf cart friendly, adding to the fun and convenience. Ideally located just north of US-41 and SR-52, with easy access to I-75 and the Suncoast Parkway, this home offers the perfect balance of tranquility and accessibility. Don’t miss this exceptional opportunity to own a move-in-ready home in one of Pasco County’s most vibrant communities! Video Tour: https://www.youtube.com/watch?v=ja_Xw0BxhFg
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.
