Welcome to this BEAUTIFULLY MAINTAINED END-UNIT townhome in the GATED COMMUNITY of Emerson North in Apopka, offering over 1,700 SQUARE FEET of stylish and functional living space. Built in 2018, this home feels fresh and modern, with a MOVE-IN READY interior and a desirable TWO-CAR GARAGE. Step inside to discover a bright, OPEN-CONCEPT LAYOUT where the Living Room, Dining area, and Kitchen flow seamlessly together, all complemented by EASY-TO-MAINTAIN CERAMIC TILE FLOORING throughout the main level. The GENEROUS Kitchen is designed to impress, featuring abundant cabinetry, GRANITE COUNTERTOPS, a sleek tile backsplash, stainless steel appliances, a closet pantry, and a SPACIOUS BREAKFAST BAR—perfect for both everyday living and entertaining. A CONVENIENT HALF BATH is located just off the Kitchen. The Dining area transitions effortlessly into the Living Room, where sliding glass doors lead to a PRIVATE SCREENED and ENCLOSED PATIO, creating a relaxing outdoor retreat where you can enjoy views of the backyard. A VINYL PRIVACY FENCE along the rear offers a peaceful and low-maintenance setting. Upstairs, you’ll find the three CARPETED Bedrooms along with a CONVENIENT LAUNDRY CLOSET complete with washer and dryer. The Primary Suite offers a comfortable retreat, featuring a WALK-IN CLOSET and EN SUITE BATH with dual sinks and a step-in shower. Two additional bedrooms share a GENEROUS FULL BATH with dual sinks and a tub/shower combination, providing plenty of room for family or guests. Residents of Emerson North enjoy a GATED community setting with GREAT AMENITIES, including a community pool, playground, park, and maintenance of the exterior, grounds, and pool, making for easy, LOW-MAINTENANCE LIVING. Conveniently located near the natural beauty of Wekiwa Springs State Park, you’ll have EASY ACCESS to outdoor adventures like hiking, kayaking, and biking. Shopping, dining, and entertainment are JUST MINUTES away in APOPKA and nearby ALTAMONTE SPRINGS, while major roadways such as State Road 429 and U.S. Route 441 make commuting to Orlando and surrounding areas QUICK AND CONVENIENT. With its modern design, END-UNIT PRIVACY, and PRIME LOCATION, this Emerson North townhome provides the perfect combination of comfort, convenience, and lifestyle. Now is the time—don't miss your chance to call this home!
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.
