One or more photo(s) has been virtually staged. Beautifully remodeled and move-in ready single-story villa located in the highly desirable Seven Oaks community, tucked inside the gated Willow Creek neighborhood in Wesley Chapel. This beautifully updated home offers approximately 1,525 square feet of comfortable living space with 2 bedrooms, 2 fully updated bathrooms, and a spacious 2-car garage. The home features a bright open-concept floor plan filled with natural light and designed for easy living and entertaining. Recent upgrades include luxury vinyl plank flooring throughout the main living areas, brand new carpet in the guest bedroom, and fresh interior paint throughout the entire home. The kitchen has been beautifully refreshed with newly painted cabinetry, brand new stainless steel Whirlpool appliances, elegant quartz countertops, an undermount sink, and a modern stainless steel faucet. A convenient breakfast bar connects the kitchen seamlessly to the dining and living areas, creating the perfect space for everyday living or entertaining guests. Both bathrooms have been tastefully updated with new vanity cabinets and quartz countertops. Additional upgrades include new LED lighting throughout the home, ceiling fans in both the primary and guest bedrooms, and two-inch faux wood blinds throughout the property. The spacious primary suite features a walk-in closet and a few updates ensuite bathroom. The secondary bedroom is conveniently located near the second few updates in the bathroom, making it ideal for guests or a home office. Step outside to the oversized screened lanai, an inviting space perfect for relaxing, enjoying morning coffee, or entertaining while taking in Florida’s beautiful weather. Major improvements include a roof replaced in 2018, AC system from 2018, 2026 brand new water heater, and a water purification system, providing additional comfort and peace of mind for the next homeowner. One of the standout features of this home is the low-maintenance lifestyle. The HOA covers exterior maintenance including lawn care, landscaping, roof maintenance, and exterior painting, allowing residents to enjoy a truly carefree lifestyle. Residents of Willow Creek enjoy access to a private community pool, along with full access to Seven Oaks’ exceptional resort-style amenities, including heated resort pools, clubhouse, fitness center, tennis and pickleball courts, basketball courts, soccer fields, playgrounds, and scenic walking and biking trails. Ideally located in Wesley Chapel, this home is just minutes from major highways including I-75, I-275, and I-4, and close to Wiregrass Mall, Tampa Premium Outlets, The Grove, KRATE, AdventHealth Center Ice, hospitals, top-rated schools, dining, and the vibrant SR-56 corridor. Tampa International Airport, downtown Tampa, and the Gulf beaches are all within approximately a 45-minute drive. This villa offers the perfect combination of comfort, style, convenience, and location. Homes in this community with these upgrades rarely become available. Schedule your private showing today and experience everything this beautiful home and community have to offer.
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.
