Welcome to this beautifully reimagined GOLF DEEDED home located in the gated resort community of River Strand Golf & Country Club! This thoughtfully updated Madiera floor plan offers over 2000 square feet of open, airy living space, made even more inviting by the removal of the wall between the kitchen and dining area—creating a seamless flow that’s perfect for both entertaining and everyday living! At the heart of the home is a chef-inspired UPDATED KITCHEN, complete with a custom pantry, double oven, stylish backsplash, and a breakfast bar that invites conversation. The kitchen opens effortlessly into the dining area and overlooks the spacious great room, making it easy to stay connected with family and guests. Sliding glass doors lead you to your private screened lanai, where a HEATED POOL, covered seating area, and tranquil water views create the perfect setting to relax and soak in Florida’s beautiful weather. The primary suite is a true retreat, featuring a generous bedroom, custom closet system, and a spa-like en-suite bath. An adjoining sitting room or home office with lanai access adds flexibility and charm. On the opposite side of the home, two comfortable guest bedrooms and a guest bath provide privacy for family and visitors alike. A large laundry room and two-car garage complete the home. Additional highlights of this FURNISHED HOME include custom light fixtures, plantation shutters throughout, engineered hardwood flooring in the bedrooms, newer A/C (2020), freshly painted exterior (2023), electronic lanai shades, and a whole-house surge protector (2025). With the clubhouse currently undergoing a $9M+ RENOVATION to the grille room, restaurant, and outdoor dining areas, the amenities here are truly exceptional. Residents enjoy 27 holes of pristine golf, two resort-style pools with spas, six satellite pools, a lively tiki bar, two fitness centers, tennis and pickleball courts, and an impressive calendar of social events, activities, and clubs to enjoy year-round. All of this is nestled within a 24-hour gated community, ideally located near I-75 for easy access to Tampa, Sarasota, and the stunning Gulf Coast beaches. You’re also just minutes from the new Marketplace, offering a growing selection of shops and restaurants. Everything you’re looking for is right here— so come and start living your best Florida life. Once you experience River Strand at it's best you may never want to leave!
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.
