One or more photo(s) has been virtually staged. PRIDE OF 16 YEARS OWNERSHIP !!NO FLOOD ZONE AND NEVER DAMAGE FROM RECENT HURRICANES! This lovely resort style community of townhomes is located in the highly desirable BRIGHTON BAY NE neighborhood, a planned unit development and one of the newer ones in St. Pete. was built in 2002, this great townhome faces up to the preserve, for full privacy and the elevation certificate is 14’. Live a low maintenance ($ 227 per month) and enjoy the resort type amenities - large heating pool with lounging area, hot spa, two tennis courts, sand volleyball court,1/2 basketball court Some of the features you will find inside - an open floor plan with kitchen pantry / breakfast bar, WITH QUARTZ COUNTERTOPS, NEWER SS APPLIANCES AND BRAND NEW DISHWASHER, NEW FOX WOOD BLINDS ,NEW PAINT ON THE ENTIRE UNIT, INCLUDING DOORS AND BASEBOARDS, NEW LIGHT FIXTURES, RECESSED LIGHTS, LOVELY WHITE BRIGHT KITCHEN , BRAND NEW INSTALLED FLOORING WITH LUXURY WATERPROOF VINYL, NEW WASHER MACHINE ,NEWER DRYER, PRIMARY BEDROOM HAS A WALKING CLOSETS. THE STAIRWAYS ARE BUILT ON OAK & NON-SLIPPERY CARVED FINISHED ROOF (2025) , HVAC 2014, AND HAS HAD REGULAR MAINTENANCE. Both bathrooms are updated and the ensuite bathroom has a garden tub bath, and a modern granite vanity, half of the bath is really convenient on the first floor. Two bathrooms with skylight offer amazing natural lighting, all windows are coated with 3-M Hurricane Protection Film and extra insulation in the attic. Centrally located ,5 min access to I-275 via new fly over -8 minutes to Crosstown Express ,5 minutes to Publix, Winn-Dixie and too many restaurants to count and shopping, 15 minutes to TPA -20 minutes to downtown Tampa -15 minutes to downtown St. Pete -Fitness trail along Gandy - access to 1st Ave North paved trail via scenic Weedon Island. -2 lighted Tennis courts, one with pickleball lines, Swimming pool with jacuzzi, beach volleyball, halfcourt basketball -jungle gym, pet friendly with walking trails around the ponds. Wyngate at Brighton Bay offers one of the lowest HOA in St. Petersburg for a three-bedroom townhome, while delivering resort-style. FLOOR PLAN AVAILABLE, STRONG RESERVES AND HOA FEES HAVE BEEN INCREASED JUST FEW $$ THROUGHOUT THE YEARS. AVAILABLE TO SHOW ANYTIME.BRING YOUR OFFER!
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.
