Stunning Waterfront Retreat On Over Half An Acre With Direct Access To Marsh Creek Leading To Tampa Bay! Tucked Away At The End Of A Quiet Dead-End Street With No Rear Neighbors, This One-Of-A-Kind Property Offers Privacy, Space, And True Florida Living. Situated On Over Half An Acre With Beautiful Mature Oaks And Lush Landscaping, Enjoy Breathtaking Views Of Marsh Creek Where You Can Kayak, Canoe, Or Fish Right From Your Own Backyard—With Manatees And Wildlife Frequently Seen. This Solidly Built Home Features All Block Construction, Including Interior Walls, Providing Exceptional Durability And Quiet Living. Inside, You’ll Find A Spacious And Functional Layout With Four Large Bedrooms, A Dedicated Office/Den, And An Optional Flex Space Perfect For A Gym, Playroom, Or Additional Bedroom. The Home Is Filled With Natural Light From Double Pane Windows And Showcases Stylish Arched Doorways, Crown Molding, And New LVP Flooring And Trim Installed In 2024. The Kitchen Is A Chef’s Dream With Solid Wood Cabinetry, 42-Inch Uppers, Stone Countertops, Beautiful Tile Backsplash Extending To The Ceiling, Stainless Steel Appliances, Built-In Microwave And Oven, Range Top With Gourmet Hood, And A Large Island With Extra Storage. The Primary Suite Features A Beautifully Updated Bathroom Completed In December 2024, Offering A Walk-In Tile Shower With Glass Doors, Built-In Seating, And A New Vanity. The Guest Bathroom Includes Dual Sinks And A Tile Shower/Tub Combo. Major Updates Provide Peace Of Mind, Including A New A/C (2024), Roof (2017), And Updated Electrical, Plumbing, And Windows (2008), Along With Added Attic Insulation For Efficiency. Step Outside To Your Private Backyard Oasis Featuring A Pergola Sitting Area, Paver Walkways, Fire Pit With Seating Area, And A Large Fenced Yard Perfect For Entertaining Or Relaxing. A 10x20 Shed, RV Hookups (50 & 30 Amp), And Ample Space For Boats, Campers, And All Your Toys Make This Property Truly Unique. The Oversized Garage Features Epoxy Floors, Laundry Area, Rear Access Door, And Additional Storage. A Large Circular Driveway Provides Plenty Of Parking And Enhances The Home’s Impressive Curb Appeal With Stone Accented Columns And Fresh Exterior Paint (2026). Conveniently Located Just Minutes To I-75 And US-41, With Easy Access To Boat Ramps, Parks, Beaches, And Tampa, This Property Offers The Perfect Balance Of Seclusion And Accessibility. No HOA, No CDD—Bring Your Boats, RVs, And Enjoy The Ultimate Florida Lifestyle!
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.
