Step into this bright and move-in ready Florida home, where comfort and style work together in every room. This 2-bedroom, 2-bath property delivers easy living with a 2-car garage, in-ground heated pool, and a spacious 35x35 pool deck built for relaxing days and fun evenings. The yard is fully fenced with wood panels, adding both privacy and curb appeal, while fresh landscaping frames the home with clean, well-kept lines. Major updates bring confidence and peace of mind: a new roof from 2022, newer A/C from 2021, and a brand-new water heater from 2024. The pool enjoys both electric and solar heat, giving you flexibility and efficiency through the year. Inside, you’ll find wood laminate flooring throughout, along with ceiling fans in every room to keep the home cool and comfortable. The living room flows easily into the dining room, where sliding glass doors draw in natural light and lead directly to the wide pool deck. The kitchen features warm wood cabinets, a full set of appliances, and plenty of workspace for cooking or casual meal prep. The master bedroom includes its own sliding doors that open to the large Florida room, giving you extra space for relaxing, reading, or enjoying views of the backyard and pool area. The master bath stands out with a Roman-style shower enclosed by glass doors, a wood vanity, and a polished granite countertop. The guest bedroom has a double-door closet, while the guest bath offers a tile shower and tub combo, plus a rich chocolate-toned wood cabinet and matching granite top. A dedicated laundry room adds even more convenience, complete with washer, dryer, and utility sink. The home runs on public utilities and sits close to everyday essentials like shopping, schools, and restaurants, making errands simple and quick. This home blends comfort, updates, and outdoor enjoyment in one easy-to-love Florida property. Call today to schedule your private tour!
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.
