Embrace true waterfront living at this inviting single-family retreat at 910 Linwood Ter in Lutz, where peaceful pond views and glowing nightly sunsets set the tone for everyday life. This charming 3-bedroom, 2-bath home offers 1,307 sq ft of open living space, filled with natural light that creates a warm and welcoming atmosphere throughout the living and dining areas...perfect for both relaxing and entertaining. At the heart of the home, the beautifully renovated kitchen shines with custom cabinetry, elegant quartzite countertops, and life-proof laminate flooring, blending function and modern design for effortless cooking, gathering, and daily living. The sunroom becomes your personal sanctuary for morning coffee or evening unwinding, offering front-row seats to endless nature watching and serene water views. The primary suite offers a peaceful retreat with extra large closet and a large ensuite bathroom. The two additional bedrooms share a renovated hall bath with a shower/tub combo. A walk-in laundry room with abundant interior storage, paired with the oversized outdoor shed, ensures you have more than enough space for all your storage needs and outdoor gear. Step outside and discover what truly sets this property apart—an expansive 0.44-acre waterfront lot where tranquil pond views and breathtaking nightly sunsets create a picture-perfect backdrop. You have of plenty of space to garden, entertain, or simply relax. With this much land and no HOA, the possibilities are endless. The oversized shed presents an exciting opportunity to create a workshop, studio, or hobby space, while the generous lot size offers potential for future expansion—whether that means adding an ADU, a home addition, a pool oasis, or even exploring lot split possibilities. Recent updates provide added peace of mind, including a brand new roof (2025), fresh exterior paint (2025), new septic tank pump (2025), new well power pole (2023), and A/C (2021). A rare blend of comfort, beauty, and opportunity—this is more than a home, it’s a unique lifestyle opportunity in the heart of Lutz. 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.
