Coming Soon! This stunning Grand Flamingo model in Lakeside Landings will be hitting the market soon. Featuring 3 bedrooms, 2 bathrooms, 2,003 square feet, beautiful upgrades throughout, and no rear neighbors, this is one you won't want to miss. Stay tuned for pricing, photos, and showing availability! RARE Grand Flamingo Model Built in 2022 with NO Rear Neighbors in Lakeside Landings! The only thing missing from this Grand Flamingo is a tropical drink with a tiny umbrella in it! Tucked inside the highly desirable gated community of Lakeside Landings, this rare Grand Flamingo model offers 2,003 square feet of beautifully upgraded living space, 3 bedrooms, 2 bathrooms, and one feature buyers are always searching for: NO REAR NEIGHBORS. From the moment you arrive, the brick paver driveway, immaculate landscaping, and undeniable curb appeal make it clear that this home is something special. Step through the welcoming foyer and prepare to fall in love with soaring cathedral ceilings, stunning porcelain tile plank flooring throughout, modern lighting, designer-inspired finishes, sparkling quartz countertops, bright cabinetry, and a massive kitchen island that's practically begging to host your next gathering. And then there's the LIFESTYLE... Imagine starting your mornings with a workout at the fitness center, spending afternoons poolside at the resort-style clubhouse, squeezing in a pickleball match with friends, and ending the day with dinner and live music at nearby Lake Sumter Landing—just minutes away. Lakeside Landings is packed with amenities including two pools, hot tub, tennis courts, pickleball, billiards, dance hall, dog parks, playground, outdoor fitness park, and a calendar full of social events. Better yet, the HOA covers most lawn maintenance, landscaping, irrigation, exterior pest control, neighborhood security, and amenity access. Translation? Less work. More living. Stylish. Spacious. Move-in ready. And rare for a reason. Don't let this Grand Flamingo fly away before you see it for yourself!
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.
