4790 70th St N, Saint Petersburg, FL 33709
3 beds · 2 baths · 1,140 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Stunning Pool Home Just Minutes from Gulf Beaches! No HOA and No Flood Insurance! Roof is only days old and the paid off solar system provides an unbelievably low electric bill. Welcome to this charming 3-bedroom, 2-bath, 2-car garage pool home, perfectly situated less than 15 minutes from the Gulf of Mexico. Built in 2002, this solid block construction home offers both comfort and flexibility—ideal as a primary residence, seasonal retreat, or short-term rental (located in unincorporated Pinellas County where short-term rentals are permitted). Step inside to an inviting open-concept living, kitchen, and dining area featuring vaulted ceilings and abundant natural light. The kitchen boasts solid-surface Corian countertops, while the majority of the home is finished with low-maintenance laminate flooring. Elegant custom 4-inch plantation shutters add a refined touch throughout. The spacious primary suite includes a generous walk-in closet and an ensuite bath. The versatile third bedroom opens directly to the pool area and can easily function as an office, den, or guest room. Out back, enjoy your own private tropical oasis complete with a screened-in pool, fenced yard, and plenty of space for entertaining. Fire up the grill and invite friends and family over for a relaxing day by the pool! Additional eco-friendly and cost-saving features include solar power, rainwater cisterns for water conservation, hurricane shutters, and no flood insurance required. Conveniently located near Gulf beaches, Tyrone Square Mall, Target, Publix, movie theaters, and a variety of dining options—this home truly offers the best of Florida living. Don’t miss your chance to own this slice of paradise—schedule your showing today!
Source: STELLAR #A4647773
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.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #A4647773
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.