One or more photo(s) has been virtually staged. Centrally located in New Tampa, this home sits on an incredible conservation homesite that feels like a private tropical oasis, tucked beneath a canopy of stately oaks. You get the best of both worlds, peaceful, natural surroundings and everyday convenience, all within walking distance to Clark Elementary. Welcome to your private retreat in the heart of New Tampa, where thoughtful updates, generous living space, and true backyard privacy come together effortlessly. From the moment you arrive, the home makes a lasting impression with its exceptional curb appeal, featuring manicured landscaping, vibrant flower beds, fresh mulch, and a welcoming entry that reflects the pride of ownership throughout. Perfectly positioned with no rear neighbors and a fully fenced yard, this home offers a rare sense of seclusion while still being close to everything. This beautifully maintained residence features 4 bedrooms, 2.5 bathrooms, and a versatile bonus room ideal for a home office, playroom, or flex space to fit your lifestyle. The interior showcases a blend of durability and style, with bamboo flooring upstairs, laminate flooring throughout the main living areas, and tile in the kitchen for easy maintenance. The kitchen has been tastefully updated with granite countertops, a butcher block island, two pantry spaces, and newer appliances, creating a functional and inviting space for both everyday living and entertaining. Step outside and you’ll see where this home really shines. The expansive covered lanai overlooks a stunning solar heated saltwater pool, recently enhanced with elegant travertine decking. The fully fenced backyard, updated with white vinyl fencing, offers both privacy and peace of mind, while mature landscaping and a dedicated fire pit area create the perfect setting for relaxing evenings or weekend gatherings. The primary suite offers a spacious retreat with dual walk-in closets, double vanities, a garden tub, and a separate shower. Recent improvements provide added value and peace of mind, including fresh interior and exterior paint, updated landscaping, a finished garage floor, upgraded pool system, and major system updates such as the AC and air handler. Ideally located just minutes from top-rated schools, premier shopping and dining, major hospitals, and convenient access to I-75, this home offers the perfect balance of privacy, comfort, and everyday convenience in one of New Tampa’s most sought-after areas.
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.
