Truly one of a kind! Nestled in the heart of FishHawk Ranch in the quiet village of Merlin Glen and zoned for highly sought-after Bevis Elementary, Randall Middle, and Newsome High School, this stunning 4-bedroom, 3-bath home also features a private office/flex space (possible 5th bedroom), formal dining and living rooms, an oversized bonus room, a 3-car garage, and a sparkling screened-in pool and spa overlooking peaceful conservation views. From the moment you arrive, the curb appeal is undeniable, with fresh landscaping, a paver walkway, and a quiet tree-lined street welcoming you home. Step through the double front doors and immediately notice the beautiful LVP flooring, soaring ceilings with custom trim detailing, designer lighting, and extensive custom millwork that truly set this home apart. Thoughtfully curated finishes, elegant feature walls, and custom built-ins throughout create a polished, model-like feel in every room. The office/flex room is anything but ordinary, featuring a beautifully designed custom Murphy bed with built-in lighting and shelving, creating the perfect guest retreat. Custom closet built-ins allow visitors to comfortably unpack and settle in for extended stays. Formal living and dining spaces are filled with character and craftsmanship, including custom built-ins, elegant millwork, crown molding, and a stunning architectural arch framing the sliding glass doors leading to the lanai. Designed with a desirable split-bedroom floor plan, the spacious primary suite is privately situated on one side of the home, while secondary bedrooms are thoughtfully placed on opposite sides for added privacy. The primary bedroom is a cozy sanctuary featuring beautiful trim work and mounted lighting, while the fully remodeled en suite bathroom offers a spa-like atmosphere with a freestanding soaking tub, separate walk-in shower showcased by tile all the way to the ceiling, and more designer finishes throughout. At the center of the home, the gourmet kitchen opens seamlessly to the family room and offers picturesque views of the fenced backyard and screened pool area. Gorgeous granite countertops and designer lighting showcase the 42-inch cabinets, newer Kitchen Aid stainless steel appliances, including gas range, and abundant prep and storage space. The heart of this home is the living room with vaulted ceilings, loads of natural light streaming in, and a custom feature wall with built-in fireplace and mantle. Upstairs, the enormous bonus room is ideal for movie nights, game days, or a playroom, and features stunning custom built-ins and media storage equipped with under cabinet lighting that add both style and functionality to the space. Every inch of this home reflects pride of ownership and attention to detail. More than move-in ready, this home is a true SHOWCASE. Every single room has been transformed. Recent updates and upgrades include: • New roof • New Exterior Paint • ALL BATHROOMS REMODELED • Updated kitchen • New interior and exterior lighting • New pool pump • Plantation shutters throughout • Extensive millwork throughout • Newer Kitchen Aid SS appliances • Water softener • Residents of FishHawk Ranch enjoy over 25 miles of walking and biking trails, resort-style community pools, pickleball and tennis courts, a skate park, playgrounds, fitness centers, and year-round community events — all with a warm, small-town neighborhood feel conveniently located near Tampa and Orlando.
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.
