Welcome to this beautifully renovated 4-bedroom, 3-bathroom Suarez-built home offering 2,421 square feet of living space, located in the gated Martin Meadow neighborhood of FishHawk Ranch, one of Tampa Bay’s most desirable master-planned communities. Built in 2004, this home has undergone extensive upgrades and improvements, creating a truly move-in-ready property with modern finishes and thoughtful updates throughout. The interior features all-new luxury vinyl plank flooring with waterproof and soundproof underlayment, fresh paint throughout the entire home including walls, ceilings, doors, and trim, as well as new baseboards and window blinds installed throughout. The kitchen has been updated with a new sink and new sink plumbing. Brand-new appliances, providing a functional and refreshed space for everyday living. All lighting, ceiling fans, outlets, switches, and smoke detectors have been replaced, enhancing both style and functionality throughout the home. The primary bathroom has been completely remodeled, featuring a new double-sink vanity, new tile flooring, a rebuilt shower with new tile and frameless glass door, and a new Jacuzzi tub with updated fixtures. Additional bathrooms have also been fully renovated with new tubs, tile, vanities, fixtures, and toilets, creating cohesive and modern spaces throughout the home. Major system updates include a brand-new roof with 130-MPH rated shingles and transferable warranty, as well as a professionally inspected HVAC system with cleaned ductwork and new grates and filters. Additional improvements include new interior door hardware, updated exterior locks keyed alike, new outdoor lighting, repaired irrigation system, fresh landscaping, screened lanai improvements, and various window and sliding door repairs, offering both convenience and peace of mind for the next owner. Living in FishHawk Ranch means enjoying resort-style amenities, including multiple community pools, fitness centers, playgrounds, basketball, pickleball and tennis courts, clubhouses, and miles of scenic walking and biking trails. The community is also known for its top-rated schools and convenient access to shopping, dining, and commuter routes. This beautifully updated home in gated Martin Meadow offers the perfect combination of space, upgrades, and lifestyle in one of the area's most sought-after communities.
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.
