Welcome to this beautifully maintained 3-bedroom + flex room (potential 4th bedroom), 2-bath, 2-car garage home offering nearly 2,000 sq. ft. of living space in the heart of Brooksville. Featuring stone accents on the front exterior, a covered front porch, and excellent curb appeal, this home delivers a warm and inviting first impression. Inside, the open floor plan creates a bright and functional layout ideal for both everyday living and entertaining. The kitchen is the heart of the home, featuring a large center island, stainless steel appliances, granite countertops, and a spacious closet pantry. The home is completely carpet-free with porcelain tile throughout the main living areas and wood flooring in the bedrooms. The flexible front room offers versatility as a home office, playroom, or optional 4th bedroom. The spacious primary suite provides a relaxing retreat with an ensuite bath featuring dual sinks, granite countertops, and a massive walk-in closet. Sliding doors off the main living area lead directly to the 12x25 screened lanai, complete with two ceiling fans and privacy blinds, perfect for indoor-outdoor living and entertaining. The backyard sits on a pie-shaped lot with conservation views and no rear neighbors, offering exceptional privacy and a peaceful natural setting. The oversized 2-car garage includes a 4-foot extension, epoxy flooring, pull-down attic access, a dedicated storage room, and a solar attic fan. A widened driveway easily accommodates two full-size trucks. This home is loaded with smart and energy-efficient upgrades, including a solar panel system with an ultra-low electric bill (approx. $30/month) and a Tesla solar battery backup system for power during outages. Additional features include a smart thermostat, whole-home security system with exterior cameras, doorbell camera, motion sensors, glass break detection, and smart controls. The HVAC system is enhanced with a UV light for improved air quality, and a reverse osmosis water filtration system adds everyday convenience. Located in a desirable community with low HOA fees (including trash and recycling) and no CDD fees, residents enjoy access to a community pool, clubhouse, and playground. Conveniently located near the Suncoast Parkway and a short drive to Tampa International Airport, this home offers a desirable blend of comfort, privacy, and accessibility.
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.
