Offering 3 bedrooms, 2 baths, this home set on a 0.23-acre lot is designed for the Florida lifestyle, featuring a fully screened in-ground pool, covered rear porch, soaring cathedral ceilings, beautiful laminate flooring, and a spacious primary suite with French door entry, direct pool access, dual walk-in closets, and a large en-suite bathroom. Whether relaxing poolside, entertaining guests, or enjoying the seamless indoor-outdoor flow, this home offers comfort, space, and year-round enjoyment. A paver driveway leads to the attached 2-car garage, while a covered entry accented with graceful arches and columns welcomes you to elegant double glass front doors. Inside, the foyer features tile flooring and a convenient coat closet before opening into the heart of the home. The expansive living room immediately captures attention with its wood-look laminate flooring, soaring vaulted ceilings, abundant natural light, and impressive arched windows overlooking the front yard. Cascading sliding glass doors create a seamless connection to the outdoor living space, enhancing the home's bright and open feel. To the left, the kitchen offers tile flooring, vaulted ceilings, white cabinetry, a dual sink, breakfast bar, and a functional layout that keeps the space connected to the surrounding living areas. Adjacent to the kitchen, the breakfast nook provides a cozy setting for morning coffee and casual meals, highlighted by charming bay windows overlooking the pool area. Privately positioned, the primary suite features a French door entry, well-maintained carpeting, two oversized walk-in closets, and double sliding glass doors providing direct access to the screened patio. The spacious en-suite bathroom is designed for relaxation and features a spa-style jetted bathtub, dual vanities, a large vanity mirror, an arched window that fills the room with natural light, and a separate step-in shower with a textured glass enclosure. Bedroom 2 features its own French door, well-maintained carpeting, a built-in closet, and sliding glass doors leading directly to the pool area, creating a wonderful indoor-outdoor connection. The nearby guest bathroom includes a single vanity and a tub-shower combination. Bedroom 3 offers matching carpeting, a walk-in closet, and a window that provides natural light throughout the day. The laundry room adds everyday convenience with garage access, utility shelving, and a dedicated storage closet. Outside, the screened patio creates an inviting space for relaxing or entertaining with brick paver flooring and views of the backyard. Just beyond, the in-ground pool serves as the centerpiece of the outdoor living area, offering the perfect place to cool off, gather with friends, or enjoy Florida's year-round sunshine. A backyard storage shed adds practical functionality while leaving plenty of open space to enjoy the outdoors. Conveniently located in Spring Hill, this home is near Weeki Wachee Springs State Park, where crystal-clear waters offer kayaking, paddleboarding, swimming, and live mermaid shows; Pine Island Park, known for its Gulf Coast sunsets and waterfront recreation; and the Suncoast Parkway, providing easy access to Tampa, shopping, dining, entertainment, and travel throughout the region.
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.
