This charming 3-bedroom, 2-bathroom home with a 1-car garage, features a cute stone façade, an extra-wide driveway offering generous parking, and a sidewalk that adds to the neighborhood’s walkable feel. A covered front entry welcomes you in, accented by decorative wood shake shingles, and a small tiled front porch, perfect for enjoying a quiet moment outdoors. Step inside to a bright foyer with white tile flooring that sets the tone for the home’s clean and comfortable layout. To the right, the living room features wood-look laminate flooring and a large window that fills the space with natural light, creating a warm and welcoming atmosphere. Straight ahead from the foyer, the kitchen and breakfast nook open up with white tile flooring and a functional, airy design. The kitchen is equipped with stainless steel appliances, an open pantry, a small breakfast bar, and a unique pass-through opening above the double sink that connects visually to the adjacent living space—perfect for entertaining or staying connected while cooking. A door from the kitchen provides direct access to the garage for added convenience. Just beyond the breakfast nook, you’ll find a spacious additional room that can easily serve as a formal dining area or a comfortable family room, offering flexibility to suit your lifestyle. The primary bedroom features large square tile flooring, a walk-in closet, and an ensuite bathroom with white cabinetry, a single vanity, and a step-in shower. A second bedroom includes two built-in closets, while the third bedroom offers tile flooring and a built-in closet of its own. The second bathroom is equipped with a step-in shower and grab bars for added accessibility. Sliding glass doors from the family or dining area lead into a large sunroom currently being used as an additional bedroom. This light-filled space features tile flooring and an abundance of windows, making it ideal as a sunroom, guest space, home office, or hobby room. Several exterior windows are fitted with awnings, adding both charm and shade. Out back, the rear yard provides a spacious canvas with plenty of room to add future enhancements such as a garden, expanded patio, outdoor entertaining area, or other custom improvements; ready for you to make it your own. Living in Holiday places you close to Anclote River Park and Anclote Gulf Park for waterfront views, boating, and sunsets, the famous Tarpon Springs Sponge Docks for dining and culture, nearby Gulf beaches for relaxation and fishing, and convenient access to shopping, restaurants, and everyday essentials along US-19. This home offers comfort, flexibility, and a great location to enjoy the Florida lifestyle.
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.
