This stunning, only 5 years young residence in the resort-style 55+ Del Webb Orlando community offers 3 spacious bedrooms, a versatile den, a generous bonus loft, and 3 full bathrooms. This home delivers exceptional comfort and flexibility for active adults. Step up to the welcoming screened front entryway. Inside, the gourmet kitchen is a chef’s delight, boasting 42-inch cabinetry, a stylish backsplash, sleek granite countertops, premium stainless steel appliances—including a built-in oven and microwave, a natural gas cooktop, a convenient corner pantry and an expansive center island ideal for casual meals or effortless entertaining. Porcelain plank tile flooring flows beautifully throughout the main level, creating a clean look. Crown molding adds architectural detail throughout, while blinds on all windows provide privacy and light control. Ceiling fans and upgraded lighting fixtures enhance comfort and ambiance in every room. The guest bedroom is enhanced by a charming bay window with tinting to keep the space cool and inviting. The den, accented by French doors, provides a private retreat for work or hobbies. The open living room has expansive glass sliding pocket doors that seamlessly connect to a large, private covered screened lanai complete with ceiling fans—perfect for year-round outdoor enjoyment. The primary suite is positioned at the rear of the home for ultimate privacy, and the primary bath features a spacious walk-in tiled shower, dual vanities with granite tops, linen closet storage and a spacious walk-in closet. The large laundry room includes a utility sink and cabinetry for extra organization. Upstairs, a very large loft area offers potential as a second living space, media room, hobby area, or cozy “man cave.” This level also includes an additional bedroom and full bathroom for guests or multi-generational flexibility. The oversized, extended garage (lengthened by 4 feet) includes tandem parking space—ideal for a workshop, golf cart storage, or additional vehicles. Additional upgrades include a whole-house water filtration and drinking water system and a widened paver driveway. The $425 semi-annual Master Association HOA covers 24/7 staffed security gate entry. Adjacent to the recently renovated 18-hole White Heron Golf Club. The $333 monthly Del Webb HOA which includes lawn maintenance and provides exclusive access to the resident-owned 30,000+ sq ft Montecito Clubhouse and an impressive array of amenities. Inside the clubhouse, enjoy a tavern, indoor walking track, state-of-the-art fitness center, indoor and outdoor pools with spas, locker rooms and showers, billiards, ping pong, craft rooms, and a grand ballroom for events and gatherings. Outdoor recreation abounds with pickleball, tennis, bocce, basketball, shuffleboard, a community gardening center, an outdoor amphitheater, a large brick fire pit, and a screened-in lakeside gazebo. Miles of scenic biking and walking trails wind throughout the gated Ridgewood Lakes community. Conveniently located just 4 miles from shopping at Posner Park, with easy access to Disney World, Universal Studios, Orlando attractions, and Central Florida entertainment. Quick connections to I-4, major medical facilities, airports, and the SunRail station. AdventHealth Hospital is only 3 miles away. Perfect for an active, low-maintenance lifestyle in a secure, amenity-rich setting!
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.
