This home qualifies for an Assumable Mortgage Loan, with a low interest rate of 2.75%. Inquire with Agent for more details. Massive lot, great layout, and only 35 minutes north of Tampa. You're gonna want to see this. Welcome to 7667 Sweeter Tide Traill, a beautifully maintained residence located in one of Wesley Chapel’s most desirable and fast-growing communities: Epperson Lagoon Living (Gated Section). Built in 2018, this spacious two-story home offers approximately 3,292 sq. ft. of comfortable living space on a generous lot and features an inviting, open layout perfect for both everyday living and entertaining. The main living areas flow seamlessly between the kitchen, dining and family room, creating a bright and functional environment for gatherings of all sizes. With five bedrooms, a bonus room, a loft, three full bathrooms, all sitting on a corner lot in a gate community. Winters in Florida are your favorite time of the year, so this one is ready with a paved lanai with screen. Outdoor living just got more exciting! This home is conveniently located near top-rated Pasco County schools including Wesley Chapel Elementary, Watergrass Elementary School, Thomas E. Weightman Middle, and Wesley Chapel High School, as well as nearby options like Pinecrest Academy, Inovation Preparatory Academy, Kirkland K-8 and Kirkland Academy of Innovation. Residents will love being in Wesley Chapel’s best attractions: the world-famous Epperson Lagoon with its crystal-clear water, sandy beaches, cabanas, water activities and year-round events. Enjoy endless dining, shopping and entertainment options at The Shops at Wiregrass, The Grove, KRATE’s open-air container park, and Tampa Premium Outlets, all just a short drive away. Outdoor enthusiasts will appreciate the abundance of parks, walking trails, nature paths and recreational activities. With its spacious layout, ideal location, and proximity to premier amenities, this home offers the perfect combination of comfort, convenience and Florida lifestyle living. Schedule your private tour today to experience everything this exceptional Wesley Chapel property has to offer. Video tour available in YouTube, just search by address. ASSUMABLE LOAN OPTION: This home qualifies for an Assumable Mortgage Loan . The loan balance is about $373,000. The Interest Rate is 2.750%, and the monthly payment is $2.384. Piggy back loans are available for the remaining purchase price. This home could be yours! Set up a tour 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.
