Immerse yourself in the quintessential Florida lifestyle in the highly desirable, master-planned community of Waterset in Apollo Beach—one of Tampa Bay’s premier destinations for resort-style living. This stunning home delivers the perfect blend of modern luxury and effortless coastal charm. Step inside to a bright, open floor plan flooded with natural light, featuring generous living spaces ideal for relaxing or entertaining. The chef’s dream kitchen shines with elegant quartz countertops, premium stainless steel appliances, a spacious island, and a natural gas stove—seamlessly overlooking the main living area for easy everyday living and gatherings. Upstairs, spacious bedrooms offer comfort and flexibility, while the luxurious primary suite provides a serene private retreat. Convenience abounds with the laundry room thoughtfully located upstairs. Outside, embrace Florida’s year-round sunshine on your covered lanai—perfect for morning coffee, evening cocktails, or hosting friends. Let children and pets roam freely in the large backyard, or simply unwind in your own slice of paradise. Waterset elevates everyday life with unparalleled resort-style amenities that feel like a perpetual vacation: multiple pools, state-of-the-art fitness centers, pickleball and sports courts, dog parks, and community events that foster connection and fun for all ages. Just minutes away, watch gentle manatees in their natural habitat at the renowned Manatee Viewing Center—a unique, free attraction highlighting Apollo Beach’s proximity to Tampa Bay’s incredible wildlife and waterways. With easy access to top shopping, dining, parks, Tampa, MacDill AFB, and major highways, this location offers the ideal balance of tranquility and convenience. Don’t miss your chance to own this exceptional home in one of Tampa Bay’s top master-planned communities. Schedule your private showing today and start living the Florida dream!
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.
