Stunning Fully Renovated Home (2026) in Majestic Isles – 3 Bed / 2 BathBeautifully and completely renovated in 2026, this light-filled 3-bedroom, 2-bath home is located in the highly desirable Majestic Isles 55+ gated community. The interior features elegant 24”x48” natural-tone porcelain tile throughout, high ceilings with crown molding, and designer picture molding in the living and dining areas. LED lighting with dimmers is installed in every room, enhancing both comfort and ambiance.The designer kitchen showcases 42-inch high-gloss white custom cabinetry with pull-out pantry drawers, quartz countertops with bar seating, and a full suite of high-end bespoke white glass Samsung appliances, including an induction cooktop. Premium designer hardware and fixtures complete the space. The spacious primary suite features a fully built-out walk-in closet with drawers and hamper, and a luxurious en-suite bathroom with double sinks, LED mirror, frameless glass shower, and linen closet. The second bathroom includes a modern low-profile tub and contemporary finishes. Additional upgrades and features include:• New roof and gutters (2026) with 7-year warranty • New water heater (2026) • Newer A/C system (August 2023) • Whole-house water filtration system • All new zebra blinds • Hurricane shutters and tinted windows throughout • Fresh interior paint in modern light tones • Two-car garage with extensive storage shelving • Large screened lanai offering complete privacy • Situated on a spacious lot with abundant natural light Majestic Isles is a gated 55+ community offering exceptional amenities including a resort-style pool, clubhouse, tennis courts, pickleball courts, fitness center, billiards room, card room, and more. The low HOA includes landscaping, cable TV, high-speed internet, security alarm monitoring, and 24-hour manned gate security.Conveniently located near houses of worship, shopping, dining, and major highways.
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.
