Florida living takes center stage in this beautifully maintained 3-bedroom, 2.5-bath home tucked inside the gated community of Moss Landing. Combining flexible interior spaces with an exceptional backyard retreat, this residence offers the perfect setting for both everyday comfort and unforgettable entertaining. Inside, you'll find 1,626 square feet of thoughtfully designed living space featuring an open-concept kitchen and family room that creates a seamless flow for gathering with family and friends. The kitchen is appointed with solid-surface countertops, stainless steel appliances, and ample workspace, offering a stylish and functional heart of the home. Generously sized living areas, large bedrooms, walk-in closets, and an inside utility room provide comfort and convenience throughout. A versatile flex space adds even more functionality and can easily serve as a home office, study area, playroom, fitness room, or hobby space to fit your lifestyle. Step outside and discover what truly sets this property apart. The recently installed screened-in pool, completed just two years ago, creates a private oasis where you can relax and enjoy Florida's sunshine year-round. Designed with entertaining in mind, the backyard features a fully equipped outdoor kitchen, a charming tiki bar, and plenty of room for weekend cookouts, celebrations, or quiet evenings under the stars. Sliding glass doors provide easy indoor-outdoor living, making the most of every gathering. The spacious lot also includes a large outdoor shed, offering valuable storage for tools, lawn equipment, recreational gear, or workshop space. Additional highlights include a newer roof, oversized rooms, and the peace of mind that comes with living in one of the area's sought-after gated communities. Moss Landing residents enjoy convenient access to shopping, dining, schools, and major commuter routes while still enjoying a sense of privacy and community. Offering the rare combination of modern updates, flexible living space, and resort-style outdoor amenities, this move-in-ready home is ready to be enjoyed from day one. ***FREE 1/0 Rate Buydown when using the seller's preferred lender!***
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.
