Welcome to effortless living in this almost-new townhome, perfectly positioned for both convenience and tranquility. Immaculate and barely lived in, this home truly feels like a fresh start the moment you walk through the door. This open-concept layout is bright and inviting, centered around a beautifully designed kitchen featuring rich dark wood cabinetry, sleek stainless-steel appliances, granite countertops, a spacious corner pantry, and bar seating, perfect for casual dining or entertaining friends and family. The entire first floor is finished with tile, offering both style and easy maintenance, while double sliding doors lead to a private lanai overlooking wide open spaces and peaceful, unobstructed views. Upstairs, you’ll find BRAND NEW CARPET throughout along with a versatile loft space which is ideal for working from home, a homework station, or a cozy second living area. The primary suite is impressively sized to accommodate even the largest furniture, and the OVERSIZED walk-in closet provides exceptional storage. Two additional guest bedrooms are thoughtfully positioned for privacy and share a well-appointed bath with a tub. The SECOND FLOOR LAUNDRY ROOM adds everyday convenience exactly where you need it most. Both the home and garage have been freshly painted, and the garage features a speckled epoxy floor for a clean, polished finish. The location within the community is ideal, with plenty of additional parking nearby, making hosting guests simple and stress-free. Enjoy the added benefit of no CDD and an extremely low HOA of just $160, (LOWEST HOA IN THE AREA!) keeping your monthly costs down while maintaining the community’s appeal. No extra expenses for amenities you won’t use or are not interested in, this community allows you the peace and comfort you crave, the low fees that make life easy and the location that allows you to enjoy the Tampa amenities, all close by. Situated with easy access to I-75, I-4, and the Selmon Expressway, this home offers a quick commute to downtown Tampa, the airport, Brandon Town Center, and historic Ybor City. Tucked just outside the hustle and bustle, you’ll enjoy a quieter setting while still being close to dining, entertainment, and everything Tampa has to offer. This home is clean, fresh, and move-in ready.
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.
