Welcome to a truly exceptional, QUALITY home located in the highly sought-after community of WaterGrass in Wesley Chapel, nestled within the GATED village of Willow Point. Built by the semi-custom builder Taylor Morrison, along with the Sellers upgrades, this home showcases a level of craftsmanship, detail, and design that stands apart from the rest. This home offers luxury, space, and functionality in one of the area’s fastest growing and most desirable locations. From the moment you arrive, the STUNNING CURB APPEAL sets the tone with beautifully manicured landscaping, a welcoming FRONT PORCH, and an inviting presence that immediately feels like home. Step inside to soaring 10-FOOT CEILINGS, a grand entry with DOUBLE TRAY CEILINGS, and tons of natural light brightening the THOUGHTFUL DESIGN AND UPSCALE FINISHES THROUGHOUT. This expansive floor plan features 4 BEDROOMS PLUS A BONUS ROOM, 3.5 BATHROOMS, FORMAL LIVING AND DINING AREAS, and a 3-CAR TANDEM GARAGE, offering incredible flexibility for modern living. There is ample space for a DEDICATED HOME OFFICE, ideal for remote work or for just having FLEX SPACE. The split-bedroom layout provides both privacy and functionality, while the open concept design creates seamless flow between living areas. The KITCHEN IS A TRUE SHOWSTOPPER, designed to impress with a massive center island, BUILT- IN STAINLESS STEEL APPLIANCES, HOOD VENT, spacious pantry, and an oversized dinette area featuring a CUSTOM MIRRORED GLASS ACCENT WALL that adds a unique designer touch. This space flows effortlessly into the main living area, making it perfect for entertaining. The home is UPGRADED with CROWN MOLDING, TRAY CEILINGS in ALL living spaces, RECESSED LIGHTING, and UPGRADED FIXTURES THAT ELEVATE every room. The attention to detail and quality craftsmanship is evident. This is a home that truly stands apart from today’s standard construction. The primary suite is a bright and peaceful retreat featuring dual vanities, a soaking tub, walk-in shower, and a HUGE WALK-IN CLOSET WITH CUSTOM BUILT-INS. Secondary bedrooms are generous in size, and the BACK BONUS ROOM offers endless possibilities for a media room, playroom, or additional living. Step outside to your private outdoor space where POCKET SLIDING GLASS DOORS create a seamless indoor-outdoor living experience. The EXTENDED COVERED LANAI (13 x 29 feet) is perfect for entertaining or relaxing, complete with modern ceiling fans and more than enough space for dining and lounging. With NO BACKYARD NEIGHBORS, enjoy FULL PRIVACY. Living in WaterGrass means access to resort-style amenities including pools, clubhouse, fitness areas, playgrounds, and community walks, along with a vibrant and growing community atmosphere. The LOCATION IS UNBEATABLE, just minutes from I-75, top-rated schools, RECREATIONAL SPOTS, AdventHealth and BayCare hospitals, Wiregrass Mall, Tampa Premium Outlets, The Grove, KRATE, and endless dining and shopping options. The area continues to expand, adding even MORE VALUE AND CONVENIENCE. This home offers a rare opportunity to own a luxury, meticulously maintained property with high- end finishes, functional space, and an incredible location in one of Wesley Chapel’s premier gated villages. (PLEASE REMOVE SHOES FOR SHOWINGS)
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.
