Enjoy peaceful pond views from this beautifully designed luxury villa located in the exclusive gated village of Santeri at Estancia at Wiregrass. This single-family attached home offers elegant, low-maintenance living in one of the area’s most desirable communities. The home features 2 spacious bedrooms, 2 full bathrooms, an open living and dining area, and a large two-car garage. Designed for ease and comfort, the maintenance free HOA includes lawn care, roof replacement, exterior paint, and trash service. An open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space for entertaining or relaxing. High ceilings and refined finishes enhance the home, kitchen, living area, dining room, and bedrooms. The kitchen offers ample workspace with beautiful cabinetry, modern appliances, and a large pantry. The owner’s suite provides a serene retreat with generous space and a spa-like en-suite bathroom featuring dual vanities, a spacious walk-in shower, and a large walk-in closet with custom built-ins. Step outside to the screened-in lanai with pavers and take in the tranquil pond views—perfect for enjoying your morning coffee or hosting friends and family. Residents of Santeri enjoy exclusive access to a private pool, hot tub, and dog park. The greater Estancia community offers resort-style amenities including a 7,000-square-foot clubhouse, fitness center, resort pool, parks, playgrounds, walking trails, tennis courts, basketball courts, and additional dog parks. Ideally located near I-75 and I-275, with easy access to hospitals, shopping and popular dining and shopping. Less than 30 minutes to downtown Tampa, approximately 45 minutes to award-winning beaches, and just over an hour to Orlando and Disney attractions. This home is a must-see, 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.
