*Excellent opportunity for investors or future homeowners! Currently tenant-occupied, and the tenant would like to continue leasing if purchased as an investment. Alternatively, this property can be a wonderful primary residence, perfect for a first-time homebuyer or owner-occupant. (See below for additional details.) * Welcome to this beautifully maintained home in one of Zephyrhills’ newest communities! With NO CDD, a low HOA, and eligibility for 100% financing with no mortgage insurance, this property is an exceptional opportunity—perfect as a starter home, retirement retreat, or investment property. Built in 2021, this quality K. Hovnanian Ashmere floorplan offers a desirable single-story layout with 8'8” ceilings and a bright, open-concept living space designed for both everyday comfort and effortless entertaining. The heart of the home is the stunning kitchen, featuring 36” Stirling Maple white cabinetry and Brazilian white granite countertops, seamlessly overlooking the main living areas. The private first-floor owner’s suite is thoughtfully positioned near the common spaces and includes a spacious en-suite bath, oversized vanity, and a generous walk-in closet. 18x18 neutral gray tile flows through all wet areas and the great room, offering both style and easy maintenance. Step outside to a spacious, fully fenced backyard complete with a covered lanai, ideal for relaxing, grilling, or hosting guests. The classic black wrought iron fencing adds both charm and functionality, while modern smart-home features—including a smart lock, alarm system, smart garage, thermostat, WiFi doorbell, and Wyze Floodlight Pro 2 camera—provide convenience and peace of mind. Tennis lovers will appreciate the close proximity to the Sarah Vande Berg Tennis Complex, offering 11 tennis courts, pickleball courts, a fitness center, cryotherapy, and more. The East Pasco YMCA is just minutes away, along with abundant shopping, dining, and entertainment options for the entire family. Conveniently located near Hwy 301, SR 54, and Overpass Road, and just 15 minutes from the stunning Epperson and Mirada Lagoons, this home truly offers the best of location, lifestyle, and value. Don’t miss your chance to make this exceptional home yours—schedule your showing today! Home leased until May 31, 2026. Tenant pays $2200 per month and would like to renew lease if possible. Also willing to move if buyer would like to purchase as primary.
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.
