Three bedroom, two bath single-family home on 1.25 acres in Jupiter Farms, with no HOA, a saltwater pool, and room to park an RV or boat. The agricultural-residential zoning and 1.25-acre lot give you space, privacy, and freedom that most Jupiter neighborhoods cannot offer. The single-story layout runs 1,688 square feet under air with laminate and tile floors throughout. The living area opens to the kitchen and flows out to the screened pool. Three bedrooms and two full baths sit on one level, an easy floor plan for full-time living or a seasonal home. Outside is where this property earns its keep. The screened saltwater pool was updated with a salt system and multicolor LED lighting in 2023, and the screen enclosure was replaced in 2026. A brick paver patio sits near the canal at the back of the lot, framed by mature giant bamboo planted for privacy. The brick paver driveway is joined by a separate paver parking pad sized for an RV or a boat. Recent landscaping work in 2026 cleared and refreshed the grounds, and a crushed gravel drive was added the same year. Major systems: metal roof [2012 or 2013, confirm], A/C approximately 2021, electric water heater 2023. The home runs on well water and septic, with FPL electric service. Panel storm shutters for every window are included and stored in the garage. Central vacuum system in place. The lot backs to a preserve that gives the rear of the property a green, open buffer and a quiet, tucked-away feel. Jupiter Farms keeps you on acreage and close to nature while keeping the rest of Jupiter within easy reach. Riverbend Park and the Loxahatchee River are minutes away for paddling and trails, I-95 and the Turnpike are a straightforward drive, and the Jupiter beaches and Jupiter Inlet are roughly twenty to twenty-five minutes east. Zoned AR, so bring the toys, the trailer, and the projects.
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.
