Welcome to your private Florida retreat! This exceptional 2019-built pool home offers over 3,000 square feet of beautifully designed living space featuring 4 spacious bedrooms, 2.5 bathrooms, a versatile den/office that could serve as a potential 5th bedroom, plus an expansive loft perfect for a media room, game room, or additional living space. Situated on a desirable corner lot just under one-half acre, this property offers the freedom you've been searching for with NO HOA and NO CDD! Bring your RV, boat, trailers, or recreational toys—there's room for it all. The dedicated RV/boat pad includes a full hookup with electric, water, a separate sewer connection, and ramp. With ample space remaining, the property also offers exciting potential for an Accessory Dwelling Unit (ADU), subject to local regulations. The fully fenced backyard provides privacy and convenience with gates on both sides, including a double gate for easy access. Mature landscaping and established trees create a peaceful outdoor setting, while the heated pool and spa feature a beautiful waterfall, sun shelf, and a spacious lounging deck, making this backyard perfect for entertaining or relaxing year-round. Inside, you'll appreciate soaring ceilings, elegant crown molding, oversized bedrooms, abundant natural light, and a freshly painted interior. The chef-inspired kitchen is designed for both everyday living or hosting events. This family kitchen features granite countertops, a large sit-down island with a prep sink, upgraded touchscreen refrigerator, stainless steel appliances, a new dishwasher, and a double oven which includes a convection oven. Additional features include double-pane tilt-in windows for effortless cleaning, a storage shed, washer and dryer, 2019 roof, 2019 HVAC system, and streetlights throughout the neighborhood. Conveniently located with quick access to US Highway 19 and the Suncoast Parkway (589), you'll enjoy an easy commute while being just minutes from shopping, restaurants, parks, medical facilities, and everyday conveniences. This rare combination of modern construction, resort-style outdoor living, RV accommodations, nearly half an acre of land, and no HOA restrictions is hard to find. Schedule your private showing today and experience everything this incredible property has to offer!
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.
