Why wait months for new construction when this stunning 4-bedroom, 3-bath, 3-car garage home is available now!!! This home includes every upgrade you could imagine and is on a beautiful fenced lot, with NO HOA! Also has an upgraded flex room currently used as an office that can easily convert to a 5th bedroom, this home offers incredible versatility for today’s lifestyle. Freshly painted throughout, this custom smart home allows you to lock or unlock doors, open or close the garage door, and create guest access codes—all from your phone. It’s also equipped with a Ring camera system for added peace of mind. Step inside and fall in love with the upgraded tray ceilings, crown molding, recessed lighting, and oversized tile flooring that flow seamlessly throughout. The extended front porch is also an upgrade that adds charm as well as curb appeal. The custom gourmet smart kitchen is a true centerpiece, featuring upgraded cabinetry, granite countertops, molding, elegant pendant lighting, and high-end smart appliances (refrigerator, stovetop, and double ovens: all phone-connected). Each bathroom boasts upgraded cabinets, granite countertops, and subway tile showers, and one of the bedrooms offers a private en-suite bath, ideal for guests, in-laws, or a second primary suite. The primary suite includes tray ceilings, a custom-designed bathroom with an oversized shower with floor to ceiling subway tiles, upgraded cabinetry with extra storage, granite countertops, and a walk-in closet with custom racks and shelving. You’ll love the oversized laundry room, extra outlets in every room, and INCLUDED is SEVEN televisions throughout the home already mounted! Save tons of time AND money with this added bonus! Upgraded double sliders lead to the spacious oversized 12x24 screened back lanai, complete with a TV wall mount, perfect for relaxing or entertaining. Then step outside to your paved patio area with sun shade sails, surrounded by beautiful landscaping, flowers, and a small side garden. The brand-new 6-foot white vinyl fencing encloses the backyard, which is large enough to store a boat, camper, or other toys—and since there’s no HOA, you can truly enjoy the freedom to live how you want. Conveniently located near shopping, restaurants, and schools, with easy access to US-19 and the Suncoast Parkway, making for a quick commute to Tampa, the beaches, or anywhere you need to go. This move-in ready home truly has it all—schedule your private showing today before it’s gone!
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.
