Imagine waking up each morning in a home where everything just feels right. Sunlight streams through the windows, warming the beautiful new luxury vinyl plank floors beneath your feet as you plan your day—maybe a workout at the community fitness center, an afternoon by the pool, or simply relaxing in your private, fenced-in backyard under the Florida sky. This is more than a house. This is the life you've been working toward, and it's more affordable than you ever imagined—thanks to a rare 2.8% ASSUMABLE LOAN that puts homeownership within reach while everyone else struggles with rates twice as high. From the moment you step through the front door, you'll feel that unmistakable sense of home. The inviting foyer opens into a bright, airy gathering room where natural light creates a warm embrace that welcomes you after every long day. The heart of this home is the kitchen, where generous sized island becomes your morning coffee spot, your meal prep station, and the place where everyone gathers. A spacious pantry keeps everything organized, while the open connection to the dining nook means you're never isolated from the conversation, the laughter, or the memories being made. When the day winds down, retreat to your private primary suite, thoughtfully tucked at the back of the home with a generous walk-in closet and ensuite bathroom. Two additional bedrooms at the front provide flexibility for family, guests, or that home office you've always wanted, with a full second bathroom and convenient laundry room making everyday life effortless. Step outside to discover your own slice of paradise. A white vinyl privacy fence surrounds your backyard, creating a safe, secluded space where kids can play, pets can roam freely, and you can host summer barbecues without a care in the world. Picture yourself here on warm eveningsfriends gathered around, string lights overhead, and the kind of contentment that only comes from knowing you're exactly where you're meant to be. Fox Creek offers resort-style living with a sparkling community pool, fully equipped fitness center, scenic jogging paths, and tennis courts. You're perfectly positioned near I-295, I-10, and downtown Jacksonville, but you'll always be excited to come home. Here's what makes this home truly extraordinary: While most buyers face 6% interest rates and sky-high payments, you have the chance to assume the existing 2.8% loan and save thousands of dollars every single year. This is your moment. This is your home. This is your future. Don't let someone else write this story.
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.
Data provided is deemed reliable but is not guaranteed. The data relating to real estate for sale on this website comes in part from the Northeast Florida Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.
