Welcome to the exquisite Tribeca floor plan in The Ridge at Wiregrass Ranch, masterfully built by award-winning builder and developer GL Homes. Here, elegance meets everyday functionality in one of Wesley Chapel’s most sought-after gated communities. This stunning 3-bedroom plus den/office residence, featuring 2.5 baths and a 2-car garage, showcases a seamless blend of luxury, comfort, and thoughtful design at every turn. From the moment you arrive, the home makes a lasting impression with its timeless tile roof, refined stone accents, extended brick-paver driveway, and lush, professionally designed landscaping. A charming front porch invites you inside, where soaring tray ceilings, crown molding throughout the main living areas, and a statement light fixture hanging from the grand coffered foyer ceiling set the tone for the sophisticated living experience that awaits. Rich engineered wood flooring flows throughout the home, creating warmth and continuity, while elegant French doors open to a versatile space perfect for a private office, reading retreat, or refined den. At the heart of the home, the chef-inspired kitchen is nothing short of spectacular. It features upgraded cabinetry, exotic granite countertops, soft-close drawers, a roll-out pantry, and premium LG stainless steel appliances. The oversized peninsula offers generous seating for casual dining and entertaining, while the formal dining area is perfectly positioned for hosting memorable gatherings. The kitchen opens seamlessly into the spacious family room, where triple sliding glass doors reveal an exceptional outdoor living space designed for true Florida living. Step outside to your covered lanai, complete with an outdoor kitchen that sets the stage for unforgettable evenings with family and friends. With no rear neighbors and ample space for future expansion, this private backyard retreat offers both tranquility and endless possibilities. The primary suite features a coffered ceiling, two walk-in closets, and a luxurious en-suite bath with dual quartz vanities, a soaking tub, renovated walk-in shower, and private water closet. Two additional bedrooms and a full bath provide comfort for guests, along with a convenient powder room. Even the laundry room has been thoughtfully upgraded, featuring striking blue subway tile, expansive countertops for folding and steaming, additional cabinetry, and a utility sink—blending beauty with everyday practicality. The owners invested over $45,000 in upgrades at the time of purchase. Throughout the home, you’ll find an impressive list of enhancements, including plantation shutters on every window, pre-wired speakers in the family room, kitchen area, and primary bedroom, designer lighting, a new range and refrigerator, upgraded bathroom finishes, gutters, a water softener, and a fully automated sprinkler system, every detail carefully curated for modern luxury living. Living in The Ridge at Wiregrass Ranch offers resort-style amenities, including a clubhouse, pools, fitness center, sports courts, playgrounds, and gated security. HOA covers lawn care, irrigation, fertilization, mulching, and pest control. Conveniently located near top-rated schools, shopping, dining, and major highways. This is more than a home—it’s a lifestyle. Don’t miss the opportunity to make this exceptional residence your own.
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.
