Step into refined Florida living in this exceptional home nestled within a gated section of the popular Mirada master-planned community—renowned for its breathtaking 15-acre crystal lagoon and resort-style lifestyle. UNBEATABLE VALUE AND JUST A QUICK BIKE RIDE TO THE LAGOON!!! Built in 2022, this impressive residence immediately captures attention with its stacked stone façade, elegant leaded glass front door, and expansive 3-car garage. Inside, you’re welcomed by a light, neutral color palette enhanced by crown molding, creating a timeless and sophisticated ambiance throughout. Designed for both comfort and versatility, the home features 5 spacious bedrooms, including a convenient downstairs bedroom with its own full bath—perfect for guests or multi-generational living. A dedicated office with French doors offers a quiet, stylish workspace ideal for remote professionals. The showstopper kitchen is both functional and stunning. A large white quartz island with breakfast bar seating, pendant lighting, and built-in storage anchors the space, while 42” espresso cabinetry with crown molding, a striking herringbone tile backsplash, and sleek stainless-steel appliances complete the upscale design. The open-concept layout flows effortlessly into the main living and dining areas, making it perfect for entertaining. Upstairs, two generous bonus loft areas provide endless possibilities—whether you envision a media room, game room, or additional lounge spaces. The primary suite serves as a private retreat, highlighted by a tray ceiling with crown molding and a spa-like en suite bathroom featuring dual vanities, a large walk-in tiled shower, and a thoughtfully designed closet organization system. Step outside to your own backyard oasis. The large, fully fenced yard with a pond view is large enough to add your own custom pool! Enjoy year-round outdoor living on the covered, screened-in lanai, and take advantage of the extended concrete pad along the side of the home—ideal for extra storage, recreational space, or future customization. This home effortlessly blends elegance, space, and modern convenience, all within one of the area’s most exciting communities. Experience the perfect balance of luxury and lifestyle in Mirada.
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.
