Welcome to this beautifully updated 4-bedroom, 3-bath home situated on an oversized corner lot, offering both privacy and impressive curb appeal. Modern amenities and spacious living areas make this residence a perfect blend of comfort and style. The heart of the home is the huge kitchen, featuring a large center island that’s perfect for meal prep or casual dining. Enjoy cooking with brand-new stainless-steel appliances (2025), lots of counter space and ample cabinetry for storage. Entertain guests or relax with family in the expansive living room and dining room combo, highlighted by elegant decorative columns that add a touch of sophistication to the open-concept design. Retreat to the enormous master suite, which is spacious enough to accommodate a comfortable sitting area and boasts a generous walk-in closet. The master bath is designed for relaxation, featuring dual vanities, a soaking tub, and a separate walk-in shower for ultimate convenience and luxury. The three additional bedrooms are all roomy in size and include their own walk-in closets, providing plenty of storage and comfort for family members or guests. Two additional full bathrooms ensure everyone has ample space and privacy. Step out back to a massive glass-enclosed lanai with brand new tile flooring, perfect for year-round enjoyment and entertainment. Overlooking a tranquil greenbelt, this space offers peaceful views and a retreat-like atmosphere right at home. Recent updates and features include New Roof installed 2024, Brand new AC in October 2025, Fresh interior paint throughout 2024, and Luxury Vinyl flooring throughout 2025. LOW HOA fees. Lots of shopping and favorite local dining options nearby. It is conveniently located near Homosassa Springs, Citrus County’s Nature Coast and close to the Gulf to enjoy fishing, boating, Kayaking and so much more. Optional membership at the Sugarmill Woods Country Club offers a variety of amenities, including two golf courses, tennis courts, pickleball courts, a gym, a Jr Olympic-sized swimming pool, a tiki bar, and a restaurant. Easy access to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks. Enjoy everything Tampa Bay has to offer from the new Downtown Riverwalk, TOP US BEACHES, boating, fishing, golfing, cultural entertainment, and museums...and of course beautiful year-round weather!
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.
