Tucked behind a fully fenced parcel just shy of an acre, this stunning 4-bedroom, 2-bath retreat offers a private resort-style setting designed for relaxation and entertaining. Enjoy evenings around the firepit, afternoons by the sparkling pool with its rock-wall fountain and in-water cabana table, or unwind beneath the pergola-covered outdoor kitchen surrounded by swaying palms. With room for RVs, boats, recreational vehicles, a detached covered garage building, half-court basketball court, raised garden beds, expansive outdoor living areas, a generator, and a full 500-gallon propane tank, this property delivers an exceptional Florida lifestyle. Inside, a tiled foyer welcomes you into thoughtfully designed living spaces. The formal living room features warm laminate flooring, a large front-facing window, and decorative plant ledges that add character and charm. At the heart of the home, the kitchen combines style and functionality with solid wood cabinetry, granite countertops, stainless steel appliances, tile flooring, a closet pantry, and a double sink positioned beneath a window overlooking the backyard oasis. An adjoining breakfast nook with chair railing creates a comfortable spot for casual dining. The family room continues the laminate flooring and features two glass doors that open to the covered rear porch, creating a seamless connection to the outdoor living areas. The dining room offers abundant natural light, decorative ledges, and farmhouse-inspired lighting that enhances the welcoming atmosphere. The spacious primary suite features laminate flooring, a large window, linen closet, and oversized walk-in closet with built-in shelving. The luxurious en-suite bathroom includes dual vanities with real wood cabinetry and granite countertops, mirrored storage, a soaking tub beneath a window, and a zero-entry walk-in shower with dual shower heads, separate controls, and a built-in bench. Additional bedrooms provide flexibility for guests, hobbies, or a home office. Bedroom 2 offers laminate flooring, tree views, and a built-in closet, while Bedrooms 3 and 4 feature windows and built-in closets. The guest bathroom includes tile flooring, vanity storage, a tri-fold mirror, and a tub-shower combination with grab bar. A spacious laundry room with overhead cabinetry and corridor access adds convenience. Outside, the expansive outdoor kitchen and entertaining area features stone-look concrete flooring, a large seated granite bar with sink, space for a grill and refrigerator, and both covered and pergola-shaded gathering areas. Beyond, raised garden beds and elegant stairways lead to the beautifully designed stone-paver pool deck, where the resort-style pool, rock waterfall, built-in cabana seating, palm trees, and generous entertaining space create an unforgettable backyard retreat.
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.
