Live the downtown Dunedin lifestyle in this chic, pet friendly townhome in the desirable Highland Ridge neighborhood located off Highland Avenue in the Downtown Core District of fabulous Dunedin. This 2 story, townhome with a DOWNSTAIRS Primary Bedroom and walking distance to Downtown rarely come on the market in this spacious 13 home complex. Jump into your golf cart or take a short stroll downtown for dinner, or one of the many festivals or farmers markets. This pristine townhome is deep in the small neighborhood providing privacy and serenity. This stunning townhome features 3 bedrooms + loft, 2 1/2 baths, and a 2 car garage. The 2 story family room is light, bright and welcoming with a separate dining area and a spacious kitchen featuring white 42" wood cabinets, beautiful white quartz countertops, stainless steel energy star appliances, including a 5 burner gas stove and fridge with a coffee maker. The Primary Bedroom Suite is located DOWNSTAIRS and is a haven of tranquility and style located at the rear of the home for privacy; with its airy dimensions, high ceiling, and a sumptuous ensuite bath that boasts dual vanities set in quartz, alongside a frameless glass shower. The home's second bathroom mirrors this modern aesthetic with its streamlined fixtures and quartz surfaces. The home features a private patio off the living room, creating a seamless blend of indoor/outdoor living. The wood look tile flooring downstairs is exceptional and great for worry free living. In this delightful townhome, all the windows are hurricane and the slider has hurricane shutters. The inside laundry room features a sink and comes with a washer and gas dryer. The 15 seer 2 zone a/c is efficient as is the gas tankless hot water heater. This stunningly beautiful townhome is move in ready with tasteful touches such 6" baseboards, wood look tile flooring, high ceilings, LOW-E impact windows, upmarket light fixtures and neutral color tones all achieved with elegance and great taste. This delightful home's location is unparalleled—a leisurely walk or golf cart ride to downtown dining, Pinellas Trail, parks, shopping and festivities. This home's low maintenance "lock and leave" ability makes it the perfect home for buyers who like to travel or just want worry free living and more time to spend at the beach, walking or biking the trail or have a relaxing dining experience downtown. The Downtown Dunedin lifestyle is beyond compare and this quintessential Florida lifestyle home can be yours: offering highly rated schools, pristine beaches, and everything delightful Dunedin has to offer.
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.
