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$467,900 SIGNIN

Sign in to see required down payment for the 3.37% rate

12918 Cambridge Ave, Tampa, FL 33624

4 beds · 2 baths · 1,499 sqft

Concierge

Get a free consultation call with an expert in the mortgage assumption process.

THE ONE YOU'VE BEEN WAITING FOR!!. Welcome to your new Florida retreat! Nestled just a short drive from downtown Tampa and the airport, this beautifully renovated home exudes charm and effortless style from the moment you arrive. With fresh landscaping and huge back yard, it's evident that pride of ownership is paramount here. This home features a BRAND NEW ROOF in 2024, for years of worry-free living. This unique property offers a warm welcome every time you return home. Step inside through the inviting front door and bask in the abundance of natural light that floods the open-concept living space. The LUXURY VINYL PLANK flooring not only adds a touch of elegance but also ensures durability for years to come, perfect for people who love to entertain. The kitchen is a chef's delight, featuring ALL-WOOD shaker-style cabinetry, gorgeous countertops, STAINLESS STEEL appliances, and ample storage and prep space. Whether you're hosting gatherings or enjoying home cooked meals. Three additional bedrooms offer ample space and storage, ideal for guests or family members seeking privacy. A second bathroom with a tub ensures convenience for all. Head outside to the LARGE FENCED YARD that beckons you to embrace the quintessential Florida lifestyle. YOU WILL LOVE the HUGE WORKSHOP, the perfect place for woodworking, art, gardening.... the possibilities are endless! Whether you're lounging with loved ones, hosting barbecues, or letting your pets roam freely, you will absolutely enjoy the serenity back here. And with NO HOA restrictions, you have the freedom to personalize your outdoor oasis as you see fit. This home truly offers the best of both worlds. With everything meticulously cared for and move-in ready, all that's left to do is schedule your showing and make this your own slice of Florida paradise. Don't miss out – seize the opportunity today!!

Estimated
Seller's interest rate
3.37%
7%
Estimated
Monthly payment

$1,066
$1,190
You may also save up to $25,911 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $1,190 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
FHA
Rate
3.37%
Remaining term
17 yrs and 6 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$1,066
Principal & interest
$396
Mortgage insurance
$63
Property taxes
$181
Home insurance
$425
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
1,499 sqft
Lot size
0.24 acres
Year built
1996
Type
Single Family Residence
HOA dues
$0.00

Source: STELLAR #TB8344631

Qualify

To qualify, you must meet the current FHA or VA 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%. 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.

FHA (Federal Housing Administration) loans

FHA loans require the buyer to assume the mortgage as a primary residence.

VA (Veteran's Affairs) loans

You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.

Investors

You may be able to assume a VA mortgage as an investor without it being your primary residence.

Resources
Frequently asked questions

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.

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.

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 620, 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.

View all FAQs
Last updated: May 03, 2025 01:18 pm
Listing agent: Stephen Scott PA (813) 688-0068
Listing provided courtesy of: PINEYWOODS REALTY LLC (813) 225-1890
Details provided by STELLAR and may not match the public record.
MLS ID: #TB8344631
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
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$1,066
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