Discover peaceful pond view living in this end-unit, corner-unit townhome in a gated Riverview community in the highly convenient Progress Village area, offering direct pond views, breathtaking sunset views, and exceptional privacy with no rear or side neighbors. Perfectly positioned next to conservation on one side and a tranquil pond behind, this home offers a serene setting rarely available in townhome communities. Inside, the home is FRESHLY PAINTED (2026) with professionally cleaned carpets (2026), creating a bright, clean, and truly move-in ready home. The kitchen features granite countertops, ample cabinetry, walk-in pantry, and all appliances included, opening to comfortable living space that leads to a rare double screened lanai overlooking the water, the perfect place to relax and enjoy Florida sunsets. Upstairs, all bedrooms are thoughtfully located along with a SPACIOUS LOFT ideal for a home office, second living room, or playroom, plus the added convenience of an upstairs laundry room with WASHER (new 2025) AND DRYER INCLUDED. The primary suite overlooks the pond and features two large walk-in closets, dual sinks, and a walk-in shower, while the secondary bedrooms share a Jack-and-Jill bathroom layout, offering both functionality and privacy. Additional highlights include a one-car garage, double-wide driveway for extra parking, storm shutters, and block construction on both levels for durability and sound reduction. Located next to community guest parking, this corner location also provides easy access for visitors. Financial advantages include LOW HOA DUES, NO CDD, and NO FLOOD INSURANCE REQUIRED, making this home an exceptional value, while the HOA also provides GATED COMMUNITY ACCESS, LANDSCAPING, EXTERIOR MAINTENANCE, AND WATER INCLUDED, creating easy, low-maintenance living. Ideally located minutes from I-75, the Selmon Crosstown Expressway, I-4, Brandon, Downtown Tampa (approximately 15 minutes), MacDill Air Force Base, Tampa International Airport, shopping, dining, parks, Publix, and major employment centers, this property offers the perfect balance of privacy, convenience, and low-maintenance Florida living in the Tampa Bay area.
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.
