Welcome to your own PRIVATE slice of country living! Nestled on just under an acre, on a quiet private street, this charming 1992 solid block home offers room to roam and freedom—without the restrictions of an HOA or CDD fees. REST EASY on your Rocking chair front porch with roll down privacy sun shades! Great Curb appeal with a New dimensional shingle roof, Landscaped lawn and quaint setting! With approximately 1,300 square feet of living space plus a 240-square-foot, air conditioned Florida/sunroom (12’x20’), this well-maintained 3-bedroom, 2-bath split floor plan provides space, privacy, and versatility. Light, Bright and OPEN floorplan boasts Vaulted ceilings which enhance the spacious living room, while laminate flooring flows through the main living areas and kitchen, which features newer appliances, loads of cabinets and an adjacent dining area ideal for gatherings. The owner’s suite includes an en-suite bath with a walk-in shower, and an exit door to access the she shed or backyard. The secondary bedrooms... located on the opposite side of the home for added privacy... feature ceiling fans and durable vinyl flooring. A second bath with tub/shower combination is conveniently located near the guest rooms, and the home is wheelchair accessible through the main living areas and primary bathroom. Inside laundry room with window overlooking backyard includes the newer washer and dryer with extra storage space. Relax outside and enjoy the expansive backyard, complete with a fenced privacy area perfect for pets, playground, garden area, camper parking and clean out, or a future pool. The impressive 85-foot driveway accommodates parking for a dozen or more vehicles, making it ideal for entertaining. There’s room for all your toys with an RV/travel trailer hookup offering water, septic, and 50-amp service. Two sheds provide exceptional flexibility—one currently used as a meticulously maintained she-shed/craft room or home office, perfect for remote work or hobbies, and another for tools and storage. Features and updates include a Brand New amber shingle ROOF (2025), Washer & Dryer (2026), Refrigerator (2021), HVAC (2017), plumbing updates (2019), 40 gallon Rheem water heater (2017), a 250-foot submersible well pump delivering exceptional Zephyrhills water and a well and septic system with drain field approximately 10 years old and regularly maintained. With no water bill, monitored alarm system that conveys, and the freedom to enjoy bonfires, boats, RVs, and gatherings outside city limits, this peaceful property offers privacy, great neighbors, and room to truly live! Picket fence on the covered front porch is a great place to unwind, listen to the birds, or star gaze! Why settle for a cramped subdivision with all the rules, when you can have space, serenity, and endless possibilities? MUST SEE inside and explore all the opportunities inside and out! CALL TODAY!
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.
