Welcome home to this beautifully maintained, move-in ready Craftsman-inspired home offering timeless curb appeal, thoughtful upgrades, and one of the most inviting indoor-outdoor layouts on the market today — plus an assumable VA loan at just 2.75% for qualified buyers, an exceptional financing opportunity rarely available in today’s market. The charming front porch immediately welcomes you in and feels like it was made for a porch swing, morning coffee, or unwinding at the end of the day. Inside, the single-level open floor plan offers excellent flow, natural light, and a layout designed for both everyday comfort and entertaining. Ceramic tile and luxury vinyl flooring run throughout the home, complemented by decorative dining room trim, upgraded lighting, 5-inch baseboards, blinds, and ceiling fans in every room for a finished, polished feel. The kitchen is designed to be both beautiful and practical, featuring Level 3 granite countertops with beveled edges, 42-inch cabinetry, tile backsplash, stainless steel appliances, a French door refrigerator, newer dishwasher, center island, closet pantry, abundant cabinetry, and an additional eat-in dining space overlooking the lanai and backyard. The split-bedroom design creates privacy for the primary suite, offering a spacious retreat with high ceilings, a huge walk-in closet with California Closet built-ins, and a private bath with dual sinks, garden tub, separate shower, and generous vanity space. One of the standout features of this home is the outdoor living space. The oversized screened lanai is massive, finished with epoxy flooring, and creates a true extension of the home — ideal for entertaining, dining outdoors, or simply enjoying the Florida lifestyle year-round. The backyard is fully fenced with a luxury 6-foot white vinyl privacy fence, creating a private and inviting space with room for pets, play, or grilling. Major buyer-friendly updates include a NEW ROOF (2021), 2019 AC system with transferable warranty, new rear sliding glass door with built-in blinds, HVAC algae flush line, built-in laundry room cabinetry, sprinkler system, ADT security system, and Ring doorbell already in place. Located in a quiet, well-kept community with a low HOA, residents enjoy access to a community pool, playground, two parks, and a nearby community center — giving you the benefits of amenities without the expense and maintenance of a private pool. NO CDDs, LOW HOAS, and EASY Community Rules that aren't overbearing. The location adds even more value, with convenient access to major destinations throughout Central Florida — approximately 45 minutes or less to Downtown Tampa, MacDill Air Force Base, Busch Gardens Tampa Bay, Adventure Island, Raymond James Stadium, and Amalie Arena. You are also just over an hour from Walt Disney World Resort, Universal Orlando Resort, and many of Florida Gulf Coast’s beautiful beaches, with nearby family favorites including Dinosaur World and local family farms. Homes this clean, updated, and well cared for — especially with a rare assumable 2.75% VA interest rate — do not last. Schedule your private showing before someone else takes advantage of this opportunity.
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.
