Welcome to country living with no restrictions, featuring a beautifully renovated 6-bedroom, 3-full bathroom POOL home tucked away in Eustis, Florida. If you’re looking for privacy and space but still want to stay close to city conveniences, this property delivers it all. Situated on 1.06 acres with NO HOA, this spacious 3,164 sq ft home is ideal for large families, multigenerational living, or anyone who needs room to stretch out both inside and out. This home offers exceptional flexibility with two primary suites. The main primary bedroom is privately located upstairs, while the second primary suite with it's own full bath is conveniently located downstairs, perfect for guests, in-laws, or extended family. The additional bedrooms provide generous space, and the thoughtful layout creates a comfortable flow throughout. The home boasts numerous upgrades, including new exterior and interior paint (2025), new roof (2025), new front exterior balcony (2025), Septic drain field (2017), Water Heater (2021) and New Pool Pump and Salt Cell (2025). The renovated kitchen and bathrooms further enhance the home’s move-in-ready appeal. A large downstairs bonus/flex room offers even more options, ideal for a game room, media room, home gym, or office space. Step outdoors and embrace true indoor-outdoor living. The home opens directly into a spacious screened-in pool enclosure, offering the perfect setting for gatherings, relaxation, and entertaining. The expansive outdoor area provides endless opportunities to customize, garden, create play spaces, or simply enjoy the peaceful surroundings. For hobbyists, business owners, or anyone needing serious storage, the impressive 30' x 60' workshop is a rare find, complete with electricity and a lift. The workshop can be a garage or anything you desire as well. The property also includes two 50-amp RV hookups and plenty of open space for boats, RVs, trailers, or equipment. Property is also fenced from home to your backyard with 2-Wide metal gates as well. Located in a serene country setting yet centrally located, you’re just minutes from Eustis, Mount Dora, Umatilla, and Tavares. Enjoy quick access to shopping, dining, medical facilities, entertainment, and major highways—offering quiet living without sacrificing convenience. Schedule your showing today!
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.
