Welcome to your dream home in the gated community of Epperson Ranch in Wesley Chapel, Florida! This stunning 4-bedroom, 3-bathroom home with a dedicated office combines modern design, energy efficiency, and resort-style living. Step inside to discover an open and airy floor plan featuring vinyl wood flooring throughout the main living areas and plush gray carpet in the bedrooms. The bright living room boasts stackable sliding glass doors that open to a large screened-in patio, perfect for relaxing or entertaining in Florida’s beautiful weather. The gourmet kitchen showcases stainless steel appliances, granite countertops, elegant wood cabinetry, and a spacious island with seating—ideal for family gatherings and hosting friends. A formal dining room adds a touch of sophistication for special occasions. The first-floor primary suite offers a peaceful retreat with dual sinks, a walk-in shower, and a spacious walk-in closet. Two additional bedrooms, a full bathroom, and a private office complete the first floor. Upstairs, a generous loft area—currently a game room—can easily be used as a home theater, playroom, or secondary living space. The fourth bedroom and third full bath upstairs provide privacy for guests or family. Enjoy modern upgrades including a Yamaha surround sound system, dual HVAC systems, solar panels, and a security system for comfort, efficiency, and peace of mind. Living in Epperson Ranch means access to world-class amenities, including the famous Metro Lagoon, eco-friendly street lighting, Eagle Park with walking trails and picnic areas, the Lake House with a fitness center and event spaces, a dog park, butterfly garden, tot lot, and golf cart paths. The HOA includes cable and ultra-high-speed internet, offering even more value. Conveniently located near downtown Tampa, Gulf beaches, and major highways, this home provides the perfect balance of luxury, comfort, and community. Don’t miss your opportunity to make this incredible home yours—schedule your private showing 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.
