SkyCrest & Keystone Manor. Looking to move to Clearwater? Add this 3 Bedroom / 2 Bathroom / 2 Car Garage, Block Home to your tour itinerary. It has everything you've been looking for & MORE! Located perfectly in Mid-Clearwater ensuring easy access to EVERYWHERE. Non-Evacuation & Non-Flood Zone. Situated on an extra deep lot providing generous outdoor space for pets & humans alike. Inside you'll find an Open Concept, Split Plan with 2 Primary Suites! When you enter, you'll find yourself in the "Artist's Studio". It is an enclosed porch that could be used as a playroom, office or a place for creative types to "Let it Happen". Then, step up into your large Living Room. Furniture placement won't be a problem with nearly 1500 sq. ft. to work with. The kitchen has Farmhouse Flair. Whimsical cabinet pulls and polished wood countertops add warmth, while the Black-Stainless Appliances offer a sleek, modern edge. The Range is propane gas for constant flame and temperature. A large walk-in pantry offers all the storage a chef could want. The Florida Room can accommodate a Formal Dining Set or use it as a 2nd media room or Family Room. It opens out to a covered Back Patio, Deck and Large Backyard. Back inside, you'll find 2 Primary Bedrooms. One has Garage access and may be perfect for your young adult or In-Laws who want to come & go through a separate door. This room is good sized and will easily fit a Queen bed & dresser. The Ensuite Bathroom contains a walk-in closet and large shower. On the other side of the house is the 2nd Primary Bedroom. Put your King-sized Bed Set here. The 2nd Bathroom is accessed from the hallway or from the 2nd Primary Bedroom... Super convenient. The large shower is curb-less, allowing for rolling shower chairs if need be. The 3rd Bedroom will accommodate a Queen-sized bedroom set. It has a Walk-in Closet too. Consistent Engineered Hardwood covers the floors. Are you "Handy"? The Oversized 2 Car Garage has loads of cabinets for storage and a wonderful peg-board wall over a long workbench. Your Laundry is located here, along with a utility sink and the house mechanicals. 2015 A/C, 2022 Roof, 2024 Tankless Hot Water Heater. Are you still in need of Workspace? Don't worry! In the Back yard are 3 Out-Buildings. A Workshop with power and a wall A/C unit, A Garden Shed, (or She-Shed Maybe??) and a Lawn Tool Shed for mowers and the like. SkyCrest and Keystone Manor are great neighborhoods that are merely blocks away from Crest Lake Park, minutes away from the country's best beaches, and surrounded by fantastic dining and shopping. Super easy to commute to Tampa, St. Petersburg, Dunedin & Safety Harbor. Superb grocery options and medical facilities are close by as well. Calling All Veterans!! The existing VA 2.75% mortgage may be assumable with your Veterans Benefits. There are so many reasons to make this home one you don't miss. Schedule your private showing right away.
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.
