Welcome to 2421 Hearth Drive, located in the highly desirable Asturia community of Odessa, FL. This largest-model townhome is truly move-in ready and feels brand new, showcasing an exceptional collection of builder upgrades and thoughtful enhancements throughout. Offering three spacious bedrooms, two and a half bathrooms, and an upstairs laundry room, the home is designed for both comfort and convenience. The two-car garage with a full driveway provides excellent functionality and includes four ceiling-mounted hanging storage racks, maximizing garage storage and organization. Attention to detail is evident the moment you step inside, where elegant crown molding adds a refined finish to the main living areas. The gourmet kitchen serves as the heart of the home, featuring stainless steel appliances, upgraded cabinetry, a custom tile backsplash, recessed lighting, and an oversized island perfect for entertaining or everyday living. Just beyond the kitchen, a large private courtyard offers a wonderful outdoor retreat for relaxing or hosting guests. Upstairs, all bedrooms are generously sized with plush carpeting and abundant natural light. The two secondary bedrooms each feature custom closet buildouts, thoughtfully designed to maximize storage and organization. The owner’s retreat includes a private en-suite bathroom with dual vanities and a walk-in shower, creating a peaceful escape at the end of the day. This home is equipped with modern, energy-efficient features, including a tankless water heater, water softener, and an HVAC system with a blue-light air purification system. Additional upgrades include updated ceiling fans and a stylish dining room lighting fixture, further enhancing the home’s turnkey appeal. Enjoy a low-maintenance lifestyle with a monthly fee that covers lawn care, roof maintenance, and exterior painting. Asturia residents also enjoy access to a resort-style pool, state-of-the-art fitness center, clubhouse, dog park, playgrounds, green spaces, and scenic walking trails. With easy access to the Suncoast Parkway, this beautifully maintained townhome is an exceptional opportunity not to be missed.
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.
