Welcome to 4605 Tarpon Trail, where space, style, and flexibility come together in the heart of Murray Hills. This beautifully updated four bedroom, two and a half bath home offers room to grow, entertain, and truly enjoy everyday living. From the moment you step inside, you are greeted by an open, inviting living area that flows seamlessly into a spacious dining room with rich hardwood floors. A recently added bonus room elevates the main level, creating the perfect spot for a playroom, media space, or second living area. Even better, it opens to two separate back porches, giving you incredible indoor and outdoor flow for hosting friends or relaxing in private. The kitchen is designed to impress, featuring tile flooring, a stylish backsplash, granite countertops, and appliances that make both cooking and gathering a pleasure. Upstairs, you will find three generously sized bedrooms and two full baths with tasteful tile finishes. Downstairs, the finished basement expands your living options with a large den filled with natural light, built in shelving, cozy berber carpet, and a charming wood burning fireplace that creates the perfect atmosphere on cool evenings. This level also includes a fourth bedroom with an oversized closet and a laundry room with a convenient half bath, making it ideal for guests, extended family, or a private home office setup. Step outside and discover your own retreat. The two back porches offer privacy and versatility, including an enclosed porch between the garage and bonus room that would be perfect for a hot tub, sun lounge, or quiet escape at the end of the day. With thoughtful updates, multiple living spaces, and incredible flexibility, this Murray Hills standout is move in ready and waiting to impress. Schedule your private showing 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.
