** Super LOW 3.25% Assumable Interest Rate Available ** – Buyer Opportunity6320 Camino Dr, Apollo Beach, FL 33572 | 3 Bedrooms | 2.5 Bathrooms | 1,774 Sq Ft | End Unit | Pond View This bright end-unit townhome in Waterset offers a perfect balance of city convenience and suburban comfort. Enjoy walkable access to Waterset Plaza with dining, food options, grocery store, gym, entertainment, and scenic walking trails just steps away. The open main floor features tile throughout and a well-appointed kitchen with stainless steel appliances, quartz countertops, and a center island with breakfast bar seating. Ample cabinetry includes 42" upper cabinets with crown molding, along with recessed and pendant lighting, a subway tile backsplash, and a spacious pantry. The garage has been upgraded with a durable Polyaspartic Top Coat over an Epoxy Base Coat, delivering a clean, polished finish ideal for storage, hobbies, or everyday use. Upstairs, the primary suite showcases a tray ceiling, a large walk-in closet, and a private en-suite bath with dual sinks, quartz countertops, an oversized walk-in shower, and a separate water closet. Two additional bedrooms are generously sized and share a full bathroom with quartz countertops. A versatile loft area provides flexible space for a home office, media room, or play area. The home offers abundant storage, including multiple closets and under-stair storage. Sliding glass doors from the dining area lead to a covered and screened patio overlooking a rare, peaceful pond and green space—an ideal spot for outdoor relaxation. The pie-shaped lot provides extra low-maintenance side yard space, offering added privacy and room for entertaining. Waterset is a highly amenitized community featuring multiple resort-style pools, fitness centers, walking and biking trails, parks, dog parks, playgrounds, and sports courts for basketball, pickleball, and tennis. Residents also enjoy a 20-acre recreation area, regular community events, and proximity to top-rated schools. Conveniently located near Tampa, MacDill AFB, and major commuter routes. No flood zone. Low HOA. Active lifestyle living with everything right outside your door.
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.
