Rare Opportunity in Highly Sought-After Valrico Forest – Private Pool Home with Major Upgrades Discover this meticulously maintained Chadwell custom home in the desirable Valrico Forest community, where homes rarely become available. Enjoy extremely low HOA fees and no CDD, along with access to A-rated Hillsborough County schools. Featuring approximately 3,400 square feet of living space and nearly 4,400 square feet under roof, this move-in-ready residence offers 4 bedrooms plus a den or study, 3 full bathrooms, 2 half bathrooms, and a 3-car oversized garage. The home reflects true pride of ownership with thoughtful updates completed over the years, including a 30-year roof installed in 2015, a fully renovated gourmet kitchen in 2015, a new HVAC system in 2022, updated pool pumps and heater in 2020, and a new water softener in 2024. Additional recent improvements include new carpet upstairs and a hurricane-rated garage for added durability and peace of mind. The gourmet kitchen is designed for both everyday living and entertaining, featuring Wellborn custom two-tone 42-inch antique and maple cabinetry with braided crown molding and specialty lighting, Level 5 granite countertops, stainless steel appliances including a convection oven and dual wine refrigerator, a trash compactor, double islands, and a touchless faucet. A bright breakfast nook overlooks the pool and lanai, creating a seamless indoor-outdoor connection. The first-floor owner’s suite serves as a private retreat, offering a spacious bedroom with a sitting area, luxury vinyl plank flooring, plantation shutters, and French doors that open directly to the pool. The ensuite bathroom includes a jetted tub, separate shower, dual vanities, walk-in closets, and custom mirrors. The main living area features soaring ceilings, abundant natural light, and a custom-built entertainment wall with a sleek electric fireplace, built-in shelving, and designer finishes including white brick detail and a natural wood mantle. French doors enhance the indoor-outdoor flow, ideal for both relaxing and entertaining. Outdoor living is equally impressive with a heated, Wi-Fi-controlled pool and fountain, all enclosed within a large two-story screened enclosure. The expansive paver lanai offers a covered lounge area, bar space, and a convenient outdoor bathroom. The .34-acre corner lot is surrounded by mature tropical landscaping, including banana and lemon trees, creating both privacy and strong curb appeal. Additional features include high ceilings throughout, including approximately 30-foot ceilings in the family room and lanai, crown molding in multiple rooms, plantation shutters and zebra blinds on most windows and doors, multiple interior storage closets, and front-facing bay windows that enhance natural light. Valrico Forest is a well-established community in the greater Brandon area with convenient access to shopping, dining, healthcare, golf courses, and recreational amenities. The location offers an easy commute to Tampa, Lakeland, Wesley Chapel, and South Hillsborough County. This property offers a rare combination of space, upgrades, and location within a sought-after neighborhood. Schedule your private showing today.
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.
