Welcome to easy Florida living in the highly desirable Mainlands community in Pinellas Park — a vibrant 55+ golf-cart-friendly neighborhood known for its active lifestyle, beautifully maintained surroundings, and exceptional amenities. This beautifully renovated 2-bedroom, 2-bathroom, and 1,080 square feet of living space that feels closer to 1,200 square feet thanks to the enclosed, air-conditioned sunroom. Situated on a spacious corner lot, this home features an open-concept floor plan filled with abundant natural light. The updated kitchen showcases modern finishes and flows seamlessly into the main living and dining areas, while both bathrooms have been tastefully renovated for a true move-in-ready feel. Major recent improvements provide peace of mind, including exterior paint (2026), water heater (2025), and brand-new appliances (2025). The home also features a 2-ton HVAC system installed in (2023), along with a washer and dryer replaced in (2023). One of the standout features is the enclosed, air-conditioned patio offering flexible additional living space perfect for relaxing, entertaining, a home office, or enjoying Florida’s sunshine year-round. The owner also added A/C vents to the garage for added comfort and versatility. Additional highlights include an air-conditioned laundry room, a one-car garage, and wheelchair accessibility for enhanced ease of living. Residents of The Mainlands enjoy access to a heated community pool, shuffleboard courts, clubhouses, social clubs, and the nearby Mainlands Golf Course — a public par-67 Florida Links-style course. Conveniently located in the heart of Pinellas County, the home offers easy access to Gulf beaches, shopping, dining, entertainment, Tampa International Airport, St. Pete-Clearwater Airport, and major Bay Area bridges. Whether you’re looking for a full-time residence or seasonal Florida retreat, this move-in-ready home offers the perfect blend of comfort, convenience, and low-maintenance living in one of Pinellas County’s most sought-after active adult communities.
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.
