**Back on the Market—No Fault of Seller or Property! Incredible Opportunity Featuring a 2.7% Assumable Loan for Qualified Buyers! Discover exceptional value and modern living in this beautifully maintained 4-bedroom, 3-bath home located in the highly coveted gated community of Meadow Point IV in Wesley Chapel. With the rare chance to assume the seller’s low 2.7% interest rate, this home becomes not only a stunning place to live, but a financially smart investment for today’s buyers. A paved driveway and welcoming front porch sets the tone as you enter a thoughtfully designed interior. Ceramic tile floors flow throughout the main living areas, paired with plush carpeted bedrooms that offer comfort and warmth. The chef-inspired kitchen features elegant granite countertops and ample workspace, seamlessly connecting to the home’s open living areas—perfect for hosting gatherings or enjoying quiet evenings. Each bathroom mirrors the same elevated finishes, giving the home a cohesive, spa-like feel throughout. The spacious layout includes generously sized bedrooms and flexible living spaces ideal for work, relaxation, or entertaining. Step outside to a fully fenced backyard—an inviting setting for outdoor dining, kids’ play, pets, or peaceful moments of privacy. Additional upgrades include energy-efficient solar panels and a whole-home water softener system, offering sustainability, comfort, and long-term savings. Located within the exclusive Provence section of Meadow Point IV, residents enjoy resort-style amenities such as a luxury pool, clubhouse, fitness center, dog park, playgrounds, picnic areas, scenic walking trails, and courts for tennis, basketball, and volleyball. All of this just minutes from top-rated schools, shopping, dining, and major highways. This exceptional property delivers the perfect blend of sophistication, comfort, and smart living—now made even more appealing with the opportunity to assume a remarkably low 2.7% interest rate. Don’t miss your chance to own a beautiful home with a financial advantage that’s hard to find in today’s market.
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.
