Experience carefree Florida living in this beautifully maintained LUXURY villa in the GATED Driftwood community, custom built in 2017 by Ryman Construction. This maintenance-free corner-unit villa offers the rare opportunity to OWN YOUR LAND while enjoying the ease and convenience of an amenity-rich community where the exterior upkeep is handled for you. The low HOA includes roof replacement every 15 years, exterior painting every 7 years, lawn care, water, sewer, trash, and exterior maintenance—allowing you to truly relax and enjoy the lifestyle! Residents also enjoy access to a community center/clubhouse, swimming pool, gazebo, and shuffleboard courts. Built to hurricane standards with concrete block and stucco construction, the cement blocks are foam-filled for added insulation and efficiency. Inside, you’ll find 1,443 square feet of thoughtfully designed living space with an enclosed lanai under roof, perfect for a flex space, office, den or sitting room. Elegant upgrades include Spanish lace ceilings and walls with rounded corners, archways leading to the Primary Suite and Den/Office, brushed nickel door levers, tile flooring throughout, solar tube natural lighting, lighted plant shelves, and custom honeycomb shades with designer window treatments. The spacious Primary Bath features dual sinks with granite countertops, raised commodes with added bidet, and a tiled tub/shower accented with glass listello bands. Modern convenience abounds with a fully integrated smart home system controlling the RING doorbell, lights, thermostat, front door lock, garage door opener, alarm system, and two security cameras through a custom app. Additional highlights include double-paned windows, storm door entry, owned Culligan water softener system with maintenance contract, and newer 2017 AC, roof, and water heater. The 2026 GE Profile washer and dryer with transferable 5-year warranty are included, and Furniture is negotiable, making this exceptional villa truly move-in ready. Located North of Tampa in Zephyrhills, within one mile of medical facilities, movie theater, shopping, bowling, YMCA and close to major highways for easy commute to Orlando, Ocala, international airports or the Beaches! CALL TODAY!
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.
