WELCOME HOME to this immaculate three bedroom, two bathroom residence located in the highly desirable and family friendly Suncoast Pointe community. Offering 1,612 square feet of well maintained living space, this move in ready home delivers a strong combination of layout, location, and lifestyle. This home is truly all about LOCATION. Grocery stores, restaurants, breweries, and everyday conveniences are just minutes away. Enjoy quick access to the Suncoast Parkway, approximately six minutes from your doorstep, providing an easy commute to Tampa International Airport in about 25 minutes, Downtown Tampa, Downtown St. Petersburg, and the area’s beautiful Gulf Coast beaches. Step inside to an open floor plan featuring vaulted ceilings, neutral tile flooring in the main areas, and a bright, airy feel throughout. The kitchen opens directly to the living and dining spaces, supporting both everyday living and hosting, and includes clean laminate countertops, ample wood cabinetry, and a breakfast nook for quick and casual meals. The split bedroom floor plan provides privacy and functionality. The primary bedroom is located at the rear of the home and features wood-look vinyl flooring, a large walk in closet, generous vanity and counter space, a garden tub, and a separate shower and toilet area. Two additional bedrooms are positioned on the opposite side of the home along with a full hallway bathroom. An interior laundry closet with a storage shelf provides added convenience and can accommodate front loading machines. Step outside to enjoy a patio that opens to a fully fenced backyard, providing a private outdoor space with views of native landscaping and a relaxing setting to enjoy mornings or unwind at the end of the day. Suncoast Pointe features community amenities including a soccer field and playground. Low HOA and low CDD fees add to the appeal, and the home is zoned for highly rated schools, making it a strong option for families. This is a well cared for, move in ready home in one of the area’s most sought after neighborhoods.
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.
