**Seller is offering up to $15,000 towards rate buydown or closing cost assistance with an acceptable offer.** Prepare to be impressed by this fully remodeled Clearwater gem, ideally located off Rollingwood and Landmark Drive. From the moment you arrive, the curb appeal and prime corner-lot setting set the tone. Situated on a fenced ¼-acre cul-de-sac lot, this home offers space, privacy, and a location that immediately excites buyers. The updated French entry doors welcome you into a home that truly opens up. Inside, expansive ceilings and a wide-open layout create an immediate sense of light and flow. The oversized dining room makes a statement, complemented by knockdown texture throughout and energy-efficient LED lighting that enhances the modern design. The kitchen anchors the home, seamlessly connecting to the living area-perfect for entertaining and everyday living. Featuring all-new two-tone cabinetry with abundant pull-out drawers, this space is designed to satisfy the home chef. Quartz countertops, stainless steel appliances, and a sleek contemporary backsplash complete the look. The living room is elevated by a custom built-in entertainment center with an electric fireplace and dedicated space for home entertainment. The primary suite offers tranquil poolside views and a stunning, fully updated en-suite bathroom with a glass-enclosed shower and tub. Dual vanities with modern finishes and lighted mirrors bring both style and function. Just off the primary suite, the fourth bedroom provides incredible flexibility ideal for a home office, nursery, sitting room, or additional bedroom. A true split floor plan places two additional bedrooms on the opposite side of the home, along with a beautifully updated hall bath featuring contemporary charm. Impact-rated windows enhance energy efficiency while improving storm readiness and peace of mind. Major systems have been updated in 2025 and 2026, including the main electrical panel, HVAC water heater, roof, pool pump and windows, offering buyers confidence and long-term value. Step into the backyard and see where this home truly shines. The oversized pool has just been refinished with a durable Diamond Brite surface for years of low-maintenance enjoyment. The pool deck and entry walkway feature contemporary stamped concrete, flowing seamlessly to the covered back patio. Rain or shine, outdoor living continues with an expansive covered entertaining space just off the kitchen, complete with an outdoor refrigerator to keep gatherings effortless. The large two-car garage easily accommodates vehicles and even fits a golf cart (sold separately). This is a rare opportunity to own a turnkey, fully remodeled home with space, style, and a backyard built for Florida living, all in a desirable Clearwater location.
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.
