Located in the sought-after River Hills gated golf course community, this spacious and versatile 4-bedroom, 3.5-bath home sits on a large lot with no rear neighbors. The home has been beautifully updated, including a brand-new roof, and offers privacy, space, and exceptional indoor-outdoor living. The heated pool features a new pump and has been resurfaced with a premium PebbleSheen finish, all enclosed within an expansive pool cage—perfect for year-round enjoyment. Inside, formal living and dining rooms greet you to the right of the entry, highlighted by arched windows and elegant tray ceilings. The first floor also includes a guest bath for added functionality. The kitchen is a true centerpiece, overlooking the family room with a cozy wood-burning fireplace and stylish barn doors that open to a glass-enclosed sun-room. Designed for both everyday living and entertaining, the kitchen features high-end appliances including a Jenn Air stove and Bosch dishwasher, a separate prep sink, wine cooler, pot filler faucet, abundant cabinetry, granite back-splash, under-cabinet lighting, and a large island with an apron sink, pendant lighting, and seating. Adjacent to the kitchen, the breakfast room offers sliders that lead directly to the pool area. The sun-room boasts 9-foot hurricane-rated sliders that open to the heated, screen-enclosed pool, seamlessly blending indoor and outdoor spaces. The main level primary suite provides private access to the pool and a fully remodeled en-suite bath with an over-sized glass walk-in shower featuring dual rain shower heads, dual vanities, and direct pool access. A massive custom walk-in closet includes wood-look laminate flooring, built-in storage, and additional backyard access. Upstairs, you’ll find three generously sized bedrooms. Two bedrooms share a full hall bath and one bedroom has it's own en-suite bath. All bedroom have comfortable carpeting. Additional highlights include ceramic tile flooring throughout the first floor for a modern look and low-maintenance care. A generator hook-up adds convenience and peace of mind. Whether you’re an avid golfer, accommodating a growing household, or simply seeking a calming and private Florida retreat, this exceptional River Hills pool home offers the perfect blend of comfort and lifestyle. Schedule your private showing today and discover the best of Valrico living.
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.
