FHATop pick
Active
48$234,900$18,671 down
- Rate
- 3.11%
6.95%today- Payment
- $1,024/mo
$1,586today
- 3beds
- 3baths
- 1,732sqft
Odessa, Florida
Assumable homes for salein Odessa, Florida.
16 homes in Odessa carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.80%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Odessa assumable market
by the numbers.
16active assumable listings
2.80%lowest locked rate
$605kmedian list price
$952saved per month vs. 7.2%
About the market
Assumable mortgagesin Odessa, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Florida, filtered to Odessa. Updated September 2026.
How assumptions work for buyersOdessa, Florida has 16 homes for sale with an assumable mortgage as of September 2026: 8 FHA loans and 8 VA loans that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Odessa assumable listings start at 2.80% with a median of 3.42%; 10 listings are under 4% and 10 are under 5%.
The median assumable home in Odessa lists for $604,950, with a median of $167,941 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $1,579 a month versus $2,531 for the same balance at today's rate, roughly $952 kept every month and $11,427 a year. The most active Odessa ZIP codes are 33556 (16).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Odessa assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Odessa
View all 16 on the map Homes on the marketin Odessa.
VA
Active
60$129,000$22,774 down
- Rate
- 2.78%
6.95%today- Payment
- $491/mo
$792today
- 1beds
- 1baths
- 593sqft
4115 CHATHAM OAK Court #215, Tampa
FHA
Active
25$365,000$74,853 down
- Rate
- 2.90%
6.95%today- Payment
- $1,349/mo
$2,145today
- 4beds
- 2baths
- 1,819sqft
2925 BANYAN HILL Lane, Land O Lakes
FHA
Active
39$205,000$28,260 down
- Rate
- 3.07%
6.95%today- Payment
- $835/mo
$1,300today
- 2beds
- 2baths
- 1,152sqft
2049 FIESTA RIDGE Court, Tampa
FHA
Active
19$279,000$49,516 down
- Rate
- 3.10%
6.95%today- Payment
- $1,086/mo
$1,683today
- 2beds
- 2baths
- 1,644sqft
8040 SAYBROOK Drive, Port Richey
FHA
Active
35$335,000$56,497 down
- Rate
- 3.10%
6.95%today- Payment
- $1,321/mo
$2,047today
- 3beds
- 2baths
- 1,496sqft
1133 GRAND Boulevard, Holiday
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Inventory snapshot
What’s in the mixin Odessa.
Live counts from the MLS feeds we index for Florida. Updated September 2026.
- Active listings
- 16
- UMe Certified / verified
- 0
- Lowest rate
- 2.80%
- Median rate
- 3.42%
- Median list price
- $604,950
- Median cash to assume
- $167,941
Odessa listings by locked rate
- Under 4%10 homes
- 4% – 5%0 homes
- 5% – 6%1 home
- 6% and up5 homes
Odessa listings by loan type
- FHA8 homesmedian 3.63%
- VA8 homesmedian 3.42%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Odessa ZIP code.
Each ZIP opens the Odessa map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Odessa numbers
What an assumable ratedoes to an Odessa payment.
The sliders start at the median Odessa assumable listing: $604,950 list price and a 3.42% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$170,000
28% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in Odessa
$2,102/mo
New loan at 7.20%$2,953
Assumed at 3.40%
$2,102
Every month$851
Over five years$51,046
Interest you never pay$407,16926-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Odessa listing on UMe shows the actual balance, rate, and payment.
How it works in Odessa
How to assumea mortgage in Odessa.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find an Odessa home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Odessa map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance, a median of $167,941 in Odessa today. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and an Odessa payment written in a different decade.
Odessa questions
Assuming a mortgagein Odessa.
The numbers below come from current Odessa inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Odessa?
As of September 2026, UMe tracks 16 active assumable listings in Odessa. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Odessa?
Current Odessa inventory breaks down as FHA (8, median 3.63%) and VA (8, median 3.42%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in Odessa?
The lowest rate on an active Odessa assumable listing is 2.80%, and the median across all 16 listings is 3.42%. 10 listings are under 4% and 10 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Odessa?
Across current Odessa listings, the median principal-and-interest payment on the assumable loan is $1,579 per month versus $2,531 for the same balance at today's rates, a difference of about $952 every month, or $11,427 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in Odessa?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Odessa that gap is currently a median of $167,941 on a median list price of $604,950. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which Odessa ZIP codes have the most assumable homes?
The Odessa ZIP codes with the most active assumable listings are 33556 (16). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in Odessa?
Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Nearby markets
All of Florida More assumable homesin Florida.
Ready when you are
Stop overpaying for Odessa.The rate is already on the house.
Every listing on the Odessa map has a rate you can take over. Start with the ones in Odessa, get pre-qualified in minutes, and let UMe carry the assumption to closing.
