One or more photo(s) has been virtually staged. Welcome to Bridgeford Crossing in the heart of growing Davenport, where lifestyle, flexibility, and location come together in one of the area’s gated, short-term rental–friendly communities with no CDD fees. This 4 bedroom, 2 bath home is thoughtfully positioned with energy efficiency and major components updated with a brand-new roof 2025, new electric water heater 2025, AC system recently serviced in February 2026 and the 8 year old solar panels will be paid off at closing, delivering an impressive average electric bill of just $16/month. From the moment you arrive, the pavered driveway and custom rock-designed landscaping create a striking first impression, with thoughtfully placed stone accents wrapping the perimeter, complemented by installed gutters for added function and protection. Step inside to appreciate porcelain tile running throughout the main living areas, offering durability and elegance, while the bathrooms and inside utility room feature tile finishes. The spacious living area flows effortlessly into the 14x27 covered and screened back lanai, creating a true extension of the home where indoor comfort meets outdoor freedom—perfect for morning coffee, evening gatherings, or simply unwinding year-round. Flush-mount speakers in both the living room and lanai provide a built-in entertainment experience, with additional pre-wiring in the owner’s suite and fourth bedroom for future customization. A whole-home water softener system is already in place for added efficiency and comfort. The owner’s suite serves as a private retreat, featuring a 5x10 walk-in closet outfitted with extensive wire shelving and a built-in organization system. The ensuite bath offers a large walk-in shower complete with a built-in bench. Bedroom two adds stylish character with eye-catching 3D paneling. The kitchen is the true gathering space of the home, showcasing Samsung stainless steel appliances and granite countertops where meals naturally become the heart of evening conversations. The utility room includes upper cabinetry for extra storage, and the garage features pull-down metal attic stairs leading to a partially floored attic with plywood decking—ideal for durable, accessible storage. Bridgeford Crossing offers community amenities including a clubhouse, fitness center, pool tables, community pool, tennis courts, and basketball hoop. The monthly HOA fee includes lawn care, internet, and cable—adding convenience and value to your investment. Located just 4 miles from I-4, commuting is simple with Orlando approximately 35–40 minutes away, Lakeland 40–45 minutes, and Tampa about an hour. Major theme park attractions are within 25–40 minutes. This home is not just move-in ready—it is positioned with upgrades, efficiency, and location in mind, making it a strong opportunity whether you are seeking a primary residence, second home, or income-producing property.
640 Bridgeford Crossing Blvd, Davenport, FL 33837
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.
