Experience the pinnacle of lakefront living in this stunning 3-bedroom cedar ranch, perfectly positioned on a sprawling, nearly one-acre lot. This isn't just a home; it’s a private sanctuary where rustic charm meets modern peace of mind.Boasting a BRAND NEW ROOF (installed 2026) and a private dock, this property is designed for those who want to spend their time on the water, not on maintenance. Whether you’re launching a boat for a sunrise cruise, fishing from your own backyard, or hosting unforgettable lakeside gatherings, the direct water access and unmatched sunset views create an atmosphere of pure tranquility. Privacy Without IsolationWhile the mature trees and expansive acreage provide a secluded "cabin in the woods" feel, you are never far from the best the area has.Located within a highly-rated school district, making it an ideal choice for families looking for a permanent residence.Enjoy a short drive to a variety of local favorites, ranging from casual lakeside grills and craft breweries to upscale farm-to-table dining. Just minutes away from major shopping centers, boutique downtown shops, and all your daily essentials (Target, Publix, and local farmers' markets).Timeless aesthetic that blends seamlessly with the natural landscape.Spacious 3-Bedroom Layout: Comfortable, light-filled spaces designed for relaxation. Nearly a full acre of land—a rare find for lakefront property—offering room for expansion, gardening, or a lakeside fire pit.Don’t miss out—lakefront homes with this much land, a brand-new roof, and easy access to top-tier amenities are a rare find. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
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.
