Welcome to 10626 Laguna Plains Dr, a beautifully refreshed retreat nestled in the highly sought-after Medford Lakes community of Riverview. This stunning 4-bedroom, 2-bath residence seamlessly blends modern upgrades, spacious living, and peaceful Florida charm into one unforgettable home experience. From the moment you step inside, you’ll be captivated by the expansive open-concept layout, enhanced by brand-new luxury vinyl flooring flowing throughout the home and fresh interior paint that creates a bright, sophisticated, and move-in-ready atmosphere. Designed with both comfort and entertaining in mind, every space feels warm, inviting, and effortlessly elegant. Each bedroom is also equipped with a ceiling fan, providing added comfort and energy efficiency throughout the home. At the heart of the home, the oversized kitchen is sure to impress, featuring sleek stainless steel appliances, newly installed backsplash, an inviting eat-in bar, abundant cabinetry, and a spacious pantry perfect for storage and organization. Whether hosting guests or enjoying quiet mornings at home, this kitchen offers the perfect balance of style and functionality. The generously sized primary suite serves as a private sanctuary, complete with a large walk-in closet and a spa-inspired ensuite bathroom featuring a luxurious soaking tub, separate walk-in shower, and plenty of room to unwind after a long day. Step outside to your screened-in lanai overlooking serene pond views and peaceful green space, where the occasional sight of cows grazing nearby adds a rare countryside charm to this suburban oasis. It’s the perfect backdrop for morning coffee, sunset dinners, or simply enjoying Florida’s beautiful weather year-round. Additional recent upgrades include a brand-new water heater installed in 2025, adding even more value and peace of mind for the future homeowner. Residents of Medford Lakes also enjoy access to a community pool and convenient proximity to shopping, dining, schools, and major commuter routes. This exceptional property offers the perfect combination of modern peace of mind, tranquility, and everyday convenience. Schedule your private showing today and experience everything this remarkable home has to offer.
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.
