Welcome to this spacious four-bedroom, two-bathroom home located in the desirable Skyview Terrace area of Pinellas Park, offering a flexible layout, multiple living spaces, and a private backyard retreat in one of the most convenient locations in central Pinellas County. Designed for both everyday living and entertaining, the home features generous living areas that provide plenty of room to relax, gather with family, or create a comfortable work-from-home setup. The kitchen is highlighted by striking black granite countertops, ample workspace, and a breakfast nook, making it both functional and stylish for daily cooking or hosting. Just off the kitchen is a large interior laundry room that offers excellent convenience and additional storage, rarely found in a home of this size. From the main living area, three bedrooms are thoughtfully positioned together and share a full bathroom with a tub and shower combination and single-sink vanity. Walk through the breakfast nook and into the second living space, a bright and spacious area perfect for a home office or bonus room. Continue through the living quarters and find the primary suite is privately tucked away from the rest of the home, creating a peaceful retreat with a large closet, an ensuite bathroom featuring a tub and shower combination with single-sink vanity, and direct access to the backyard. This layout provides both privacy and easy flow while maximizing the space with livable rooms. The backyard is fully fenced, offers a fire pit area, tons of privacy, plenty of room for outdoor gatherings, gardening, or simply relaxing in your own quiet outdoor space. The home also features a large storage area along the side of the property, providing additional space for tools, bikes, and outdoor equipment. Skyview Terrace is ideally located near neighborhood parks and recreation areas, including nearby Skyview Terrace Park, and offers easy access to horseback riding facilities, golf courses, and outdoor activities throughout the area. The home is just minutes from shopping, restaurants, and everyday conveniences along Park Boulevard and surrounding retail districts. Its central location also provides quick access to St. Pete–Clearwater International Airport, downtown St. Petersburg, Tampa, and the beautiful Gulf beaches, making it an excellent choice for those seeking both comfort and convenience in the heart of Pinellas County.
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.
