This Cross Creek home is one of those layouts that just makes sense the second you walk in. With 3 spacious bedrooms, a split floor plan, and multiple flexible living spaces, it offers the kind of versatility that’s hard to find in New Tampa. The primary suite is truly oversized and features private sliders to the pool, a beautifully organized walk-in closet, and an ensuite bath with dual sinks, a garden tub, and a glass-enclosed tiled shower. One of the standout features is the attached office just off the primary bedroom, complete with double doors. While not counted as a fourth bedroom, this space opens up so many possibilities. A private home office, nursery, sitting room, or even an expanded dressing area, it’s a unique extension of the primary suite that sets this home apart. On the opposite side of the home, you’ll find two generously sized bedrooms, offering privacy for guests or family. At the front of the home, a separate dining room and an additional flex space provide even more options, whether you need a formal living room, playroom, or an easy conversion to a fourth bedroom. The main living area flows seamlessly with updated luxury vinyl flooring and a cozy wood-burning fireplace with refreshed tile, creating a space that feels both comfortable and updated. The kitchen offers an eat-in area and features custom, one-of-a-kind countertops that add character you won’t see in every home. Step outside through telescoping sliders to a screened-in pool area designed for Florida living. With covered space for dining, a large pool with a water feature, and peaceful pond views, this is the kind of backyard you’ll actually use year-round. And a feature buyers will definitely appreciate: a 2.5-car garage, giving you that extra space for storage, a golf cart, gym setup, or all the things that never quite fit. Recent updates include a BRAND NEW roof (2026), exterior and interior paint (2025/2026), water heater (2025), flooring (2022), updated lighting, refreshed bathrooms with glass shower enclosures, pool rescreen (2020), fence (2019), and sprinkler system (2018). Located in Cross Creek, you’re right in the heart of New Tampa with easy access to I-75, shopping, dining, and everything that makes Tampa Bay great!
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.
