Welcome to 31426 Mango Fade Way, located in the vibrant and highly desirable Mirada community in San Antonio, Florida. Offered at $329,000, this inviting VILLA presents a wonderful opportunity to experience modern Florida living in one of the Tampa Bay area’s fastest-growing master-planned communities. The property is situated in a peaceful residential setting while still providing convenient access to major roadways, shopping, dining, and the expanding metro corridor north of Tampa. The home includes essential appliances such as a refrigerator, stove, dishwasher, washer, and dryer, making it comfortable and convenient for everyday living from the moment you move in. As you enter the home, you are welcomed by a bright and functional layout designed to support both relaxation and entertainment. The interior living spaces are open and welcoming, allowing natural light to fill the main areas and creating an atmosphere that feels comfortable and connected. The living room, dining area, and kitchen flow naturally together, offering a practical layout for daily life as well as gatherings with family and friends. The kitchen is designed with convenience in mind and provides ample space for preparing meals while staying connected to the rest of the home. The included appliances add to the home’s move-in readiness and make settling in effortless. One of the most exciting aspects of this property is its location within the renowned Mirada community. Mirada has quickly become one of the most talked-about communities in Florida thanks to its extraordinary amenities and thoughtfully designed lifestyle environment. The centerpiece of the community is the world-famous crystal lagoon, an incredible seven and a half acre aquatic destination that offers residents a unique resort-style experience right in their own neighborhood. Residents enjoy clear blue waters, sandy beach areas, and activities such as swimming, kayaking, paddleboarding, and relaxing by the water. The lagoon creates a true vacation atmosphere and provides a gathering place for neighbors and friends throughout the year. In addition to the lagoon, Mirada features beautifully maintained streetscapes, walking paths, and community spaces that encourage an active and social lifestyle. The community regularly hosts events and activities that bring residents together and help create a welcoming neighborhood environment. Whether enjoying a quiet walk through the neighborhood, spending the afternoon by the lagoon, or attending one of the many community gatherings, Mirada offers a lifestyle that blends recreation, comfort, and connection. San Antonio, Florida continues to grow rapidly as part of the greater Tampa Bay region, making this location especially appealing for homeowners and investors alike. The area provides convenient access to employment centers, healthcare facilities, retail destinations, restaurants, and entertainment while maintaining a relaxed residential atmosphere. The continued development in the region further enhances the value and long-term appeal of homes within Mirada. This home represents an excellent opportunity to own a home in a dynamic and highly desirable community that offers both comfort and lifestyle. With its welcoming interior layout, included appliances, and access to one of Florida’s most impressive residential amenities, this property allows buyers to enjoy the best of modern Florida living in a setting that feels like a year-round retreat.
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.
