Some properties offer a house. This one offers a whole world. Set along the shores of Lake Nash in Holiday's established Holiday Lakes neighborhood, this three-bedroom, two-bath home comes with something you simply cannot replicate — nearly five acres of submerged land, a piece of the lake itself, all conveyed with the sale. Bring your binoculars: sometimes white and blue herons wade at the water's edge, osprey circle overhead, long-neck turtles drift through the brackish shallows, and tilapia, catfish, and bass move below the surface. Follow the canal at the far end and you'll reach Lake Conley — and when the New Port Richey fireworks light up the sky, you have a front-row seat right from the water. Outside, the fully fenced yard unfolds into a world of its own. A private screened pool and deck invite long afternoons in the sun, while the boat dock puts the lake at your fingertips whenever the moment calls for it. Multiple seating areas are scattered throughout the grounds — shaded corners, open spots by the water, places to gather or simply disappear into the view. A storage shed keeps everything organized, and a gated side yard offers convenient private parking. Mature mango, kumquat, and citrus trees add both charm and seasonal reward, and a camphor tree — known for naturally repelling mosquitoes — completes this extraordinary outdoor space. Inside, water views from the kitchen and both the secondary and primary bedrooms make the setting part of everyday life. Two of the bedrooms offer the rare pleasure of taking in both the pool and the lake at once. A fireplace anchors the living room with warmth and character, and the layout flows comfortably for both daily living and casual entertaining. This home has good bones and real potential — sold as-is, with the seller already having done the work of clearing it out, it's ready for the buyer who can see what it's becoming. A new roof will be provided at closing with an acceptable offer. This is the kind of property that simply does not come along often — a lakefront lifestyle, a private ecosystem, and a canvas waiting for your vision. Located near 19, shopping, restaurants, medical care, Tarpon Springs, Gulf access, parks, and the Pinellas Trail, this property delivers the feel of a private waterfront escape with nature and recreation close at hand. Schedule your showing today. Main property: 0.1552 acres, Additional parcel: 4.95
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.
