Incredible value for this gorgeous almost-new home! Welcome to modern living in the heart of Zephyrhills. Built in 2021 by D.R. Horton, this home offers the perfect blend of contemporary design, smart technology, and everyday comfort. Residents enjoy a wealth of amenities including a resort-style pool with water views, clubhouse, playground, scenic lake, and dog park, fostering both relaxation and a true sense of community. Inside, this 3 bedroom, 2 bath home with a 2 car garage and electric vehicle charging capability showcases a bright, open layout ideal for modern living. Neutral color tones and recessed lighting enhance the inviting atmosphere, while luxury vinyl plank flooring in a rich wood-look finish flows through the main living areas. The thoughtfully designed split-bedroom floor plan places the private primary suite at the rear of the home, offering a quiet retreat. The open concept family room and kitchen combination creates a seamless space for entertaining, with sliding glass doors leading to a covered porch and a large, vinyl-fenced backyard. The living room adds flexibility for additional seating, work, or play space, and the inside laundry room provides everyday convenience. The kitchen is both stylish and functional, featuring white shaker cabinets with granite countertops, an optional breakfast bar for casual dining, stainless steel appliances, and a closet pantry. The primary bedroom suite offers brand new carpet, a spacious walk-in closet, and a private en suite bathroom with a dual sink vanity and large walk-in shower. Guest bedrooms are plush carpeted and share a full bathroom with a combo tub and shower. Designed with the future in mind, Abbott Park stands apart with community- wide high speed internet, smart home integration, and even solar powered streetlights, creating a connected and energy-efficient environment. Fenced yard is ideal for entertaining and/or those who wish to have a dog. Conveniently located just off U.S. Route 301, this home provides easy access to Tampa, Wesley Chapel, Lakeland, and Orlando, placing shopping, dining, entertainment, and local experiences all within reach. This is your opportunity to own a like-new home in a growing, amenity-rich community built for today’s lifestyle and tomorrow’s technology without the wait of new construction. Come experience it firsthand. This is the kind of home that instantly feels like the right one!
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.
