One or more photo(s) has been virtually staged. Tampa Palms! Move-in ready pool home 4-bedroom, 3-bathroom residence offering over 2,400 square feet of comfortable, elegant living space is located in one of New Tampa’s most coveted communities, Tampa Palms. Perfectly positioned on a quiet street surrounded by majestic mature oak trees, this home combines modern upgrades, timeless design, and the best of Florida indoor–outdoor living. Roof 2020, HVAC 2020, Pool refinished 2025! As you step inside, you’re greeted with a FRESHLY PAINTED INTERIOR 2025 and a soothing NEUTRAL COLOR PALETTE that provides the perfect backdrop for any décor style. The home features an abundance of natural light, enhanced by its OPEN FLOOR PLAN and thoughtfully designed SPLIT-BEDROOM LAYOUT, ideal for privacy and function. Enter through the foyer into GRACIOUS FORMAL LIVING AND DINING ROOMS, perfect for holiday gatherings or hosting friends. Toward the back of the home, the spacious family room becomes a warm and welcoming everyday retreat, complete with a CHARMING GAS FIREPLACE—a rare and desirable feature in Florida homes. Upgraded fixtures and fans. The beautifully appointed kitchen offers everything a modern family needs. Enjoy STAINLESS-STEEL APPLIANCES, A GAS RANGE, SPACIOUS CENTER ISLAND, BREAKFAST BAR, AND A CONVENIENT BUILT-IN DESK AREA—perfect for meal planning, homework, or remote work. The kitchen flows seamlessly into the family room, keeping everyone connected during meal prep or movie nights. The primary suite is thoughtfully separated from the other bedrooms and features a DELIGHTFUL SITTING AREA OVERLOOKING THE POOL AND LANAI—an ideal spot for morning coffee or unwinding at the end of the day. The expansive en suite bathroom includes SPLIT VANITIES, A RELAXING GARDEN TUB, SEPARATE SHOWER, AND A WINDOW for more natural light. The home’s newly updated screened-in pool and lanai is a true highlight of this home. The RECENTLY REFINISHED POOL is ready for year-round enjoyment. This space is ideal for gatherings, grilling, and taking advantage of Florida’s sunshine. With a BRAND-NEW POOL PUMP, you can enjoy worry-free upkeep. The THIRD BATHROOM WITH DIRECT POOL ACCESS is a convenient addition for guests and swimmers. The surrounding landscape is enhanced by MATURE OAK TREES, offering shade, privacy, and a picturesque backdrop to your outdoor oasis, and the vinyl fence ensures privacy. This home has been meticulously maintained with big-ticket upgrades already completed, including a 2020 ROOF, PLUS A 2020 AC SYSTEM AND GAS FURNACE—providing efficiency, reliability, and comfort for years to come. Tampa Palms amenities include clubhouse with gathering rooms, tennis, basketball court, walkway trails, playgrounds, and community pools. Convenient to USF, VA, Moffitt, AdventHealth, vibrant shopping and restaurants, Tampa Palms Golf and Country Club (additional fee)
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.
