Welcome to 995 Emerson Dr. in the heart of delightful Dunedin. This home has been meticulously crafted and enhanced, and offers a unique blend of style, comfort and modern conveniences that go above and beyond. As you enter the home you will be greeted by an abundance of natural light and beautifully restored terrazzo floors throughout. The updated kitchen is the centerpiece of the home and it is a chef's dream, boasting custom solid wood cabinetry with dedicated spice drawer cabinets, two lazy Susan's, custom hanging pot and knife racks, and granite counter-tops with below and above lighting. Newer top of the line stainless appliances complete the space, including a French door style refrigerator and a smart induction range with a dual duo flex oven with endless options. The bedrooms are both generously sized and share a beautifully updated bathroom that features floor to ceiling tile, granite top vanity, walk in shower and towel warmer for added comfort. An enclosed screen porch leads to the peaceful, private and spacious fenced in backyard perfect for unwinding. The space includes a large concrete patio, ample shade, tropical low maintenance landscaping with new sod, custom lighting and a beautiful water fountain feature. Truly move in ready as the big ticket items have all been addressed, roof replaced in 2021, 3 ton AC unit in 2018, new energy saver hot water heater in 2026. Beyond what meets the eye, the additional upgrades and features of the home are endless... Large inside laundry room with a full size refrigerator and plenty of additional storage space in the garage, freshly painted exterior in 2026, large concrete circular driveway with custom lighting, double gate side entry with large 70 ft parking area (includes water and dedicated 50 amp breaker, great for boat, RV or both), 100 amp dedicated circuit car charger, 2025 smart Genie impact rated/insulated garage door, recessed smart Philips hue color changing lighting in kitchen, living room and bedrooms, and more... All of this, perfectly situated to enjoy the best of the Dunedin lifestyle, just a short golf cart or bike ride away to the downtown waterfront, restaurants and breweries, and year round entertainment, markets and festivals, parks and the Pinellas Trail. Short drive to beautiful Honeymoon Island, Clearwater Beach and everything else the area has to offer. Don't let this opportunity pass, call today for a private showing.
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.
