Tucked away at the end of a quiet cul-de-sac in Cheval, this is the kind of home that makes you linger a little longer on the lanai before heading inside. Perfectly positioned overlooking the 16th and 12th fairways of TPC Tampa Bay, the view is the reason people fall in love with this property. Rolling greens, mature trees, abundant wildlife, and endless sky create a backdrop that changes throughout the day and somehow never gets old. Some mornings you'll look up from your coffee and catch deer crossing the fairway. Other days you'll watch golfers take on the challenging par-4 16th hole. Every evening ends with a front-row seat to another Florida sunset. The current owners knew the view was the star of the show, which is why they invested more than $26,000 in a fully panoramic pool enclosure completed in 2024, designed to remove visual distractions and bring the golf course into everyday life. Whether you're floating in the saltwater pool, relaxing in the spa, or grilling dinner in the outdoor kitchen, your eyes are always drawn back to the scenery beyond. Inside, nearly 2,900 square feet offers the perfect blend of comfort and functionality with a first-floor primary suite, three upstairs bedrooms with attached baths, soaring ceilings, a gas fireplace, and abundant natural light. Recent improvements include a 2-ton HVAC system installed in 2021, a 4-ton HVAC system installed in 2023, GE Café appliances, a Pella front door, updated flooring, fresh interior paint, tankless water heater, water softener, reverse osmosis drinking system, and numerous additional upgrades throughout. One of the things you'll appreciate most is something you can't photograph: the quiet. Not isolated. Not far away from everything. Just peaceful. Minutes from shopping, dining, the Veterans Expressway, and top-rated Steinbrenner High School, yet tucked away enough that the pace of life feels a little slower when you pull into the driveway. Even more impressive, this guard-gated community is paired with an HOA of only approximately $150 per year, a rarity for a neighborhood offering this level of security, beauty, and prestige. This is more than a home. It's where championship golf meets everyday tranquility, and where the view outside your back door becomes part of your daily routine.
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.
