Mr. and Mrs. Clean live here! A true 3-Bedroom, 2-Full Bathroom home in the heart of Beacon Hills is now available! This home is a MUST-SEE and has so much to offer -- Brand New Electrical Panel July 2025, New Roof Nov 2021, New Water Heater 2024, New Windows 2020 – New Wind Mit and 4 Point are available! The Kitchen has been completely updated, as well as expanded to add a pantry and extra storage! The stunning Quartz countertops and updated Maytag, Whirlpool and Frigidaire appliances complete this beautiful heart of the home. The Dining Space rests right off of the Kitchen, opening to the Living Room and making a great space for gathering and entertaining! All 3 Bedrooms are ample in size. The main full bathroom has been completely remodeled, and the Full Bathroom in the garage is in beautiful and clean condition, with a new sink and commode! Freshly painted inside and out, and the HUGE (20' x 8') front porch is newly screened. Gorgeous and neutral-toned Terrazzo flooring connects every single room in the home! The septic was recently cleaned, and the system is tucked on one side of the back yard, so there is ample room for a pool on the other side. The easy-to-maintain yard is a DREAM, and there is plenty of space for parking in front. The Maytag Washer and Dryer are newer and stay with the home, as well as the NEW 2025 generator that can power the whole home. All furnishings can stay – move in and just bring your toothbrush! HIGH & DRY FLOOD X ZONE! Only a 15-minute drive to Anclote River Park, a 20-minute drive to Fred Howard Park, a 40-minute drive to Tampa Int’l Airport, a 40-minute drive to beautiful Weeki Wachi Springs!! Conveniently close to shopping, restaurants, and entertainment, everything that makes Florida-Living the BEST!!
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.
