Imagine waking up to the soft glow of the sunrise reflecting off a glass-still pond, where your only backyard neighbors are the deer and birds of a protected conservation area. 35605 Stella Vast Drive isn't just a house; it’s the backdrop for your family’s next great chapter. Spanning five generous bedrooms and three full baths, this residence offers a rare combination of expansive interior space and outdoor serenity that is increasingly hard to find at this price point. Highlights of the Lifestyle Ultimate Backyard Privacy: Forget the "fishbowl" feel of typical suburban living. Enjoy evening cocktails or morning coffee on your patio with unobstructed views of nature and water. The Luxury of Space: With five true bedrooms, you finally have the freedom to design that dedicated home office, a private gym, or a welcoming guest suite for multigenerational living. An Entertainer’s Canvas: The bright, open-concept layout flows effortlessly from the kitchen to the living areas, ensuring you never miss a moment of the conversation. Peace of Mind: Nestled in a community that prizes active lifestyles, you’re steps away from lush walking trails, playgrounds, and vibrant green spaces. A Location Without Compromise You’re positioned at the pulse of Wesley Chapel’s most sought-after attractions. Whether it’s a Saturday morning brunch at First Watch, a shopping spree at The Shops at Wiregrass, or an evening of live music at KRATE at the Grove, everything you love is just minutes from your front door. With immediate access to I-75 and US-301, your commute to Tampa is streamlined, giving you more time to spend enjoying the home you’ve earned. Why This is the Best Value in the Area Expert Insight: Finding a 5-bedroom home on a premium waterfront/conservation lot under $365,000 is a strategic win. You are acquiring "Lot Premium" features without the typical developer markup. In a market where privacy is the new luxury, a 5-bedroom sanctuary with no rear neighbors is certain to be claimed
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.
