Elegant 4-Bedroom Residence on a Premium Corner Homesite! Experience refined Florida living in this beautifully designed 4-bedroom, 2-bath residence, offering over 1,825 square feet of thoughtfully crafted living space. Ideally positioned on an expansive corner lot, this home blends sophisticated style with everyday comfort. The heart of the home is the gourmet island kitchen, appointed with gleaming quartz countertops, custom 36-inch wood cabinetry, and a premium stainless steel appliance suite. The generous island invites family and guests to gather, offering elegant bar-style seating that seamlessly connects to the open-concept living and dining areas — perfect for entertaining or casual family moments. The luxurious primary suite provides a serene retreat, comfortably accommodating a king-sized bed and featuring dual walk-in closets and a spa-inspired bath complete with dual vanities and designer finishes. Additional highlights include paver driveway and lanai, a new roof (2023), and a state-of-the-art Home-Is-Connected smart home system with a video doorbell, programmable smart thermostat, keyless front entry, and smart lighting controls. The oversized corner homesite offers ample space for a custom pool and outdoor living area. Perfectly situated close to top-rated schools, shopping, dining, and daily conveniences, this home combines modern sophistication with exceptional value. With all assessments paid, this exquisite property is ready to welcome its next owner. Discover the perfect blend of comfort, technology, and contemporary design — schedule your private 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.
