Welcome to your own private Florida retreat, where tropical landscaping, peaceful water views, and meticulous care come together to create a home that feels both relaxing and inviting. From the moment you arrive, the curb appeal makes a wonderful first impression. Mature palm trees, a manicured lawn, and beautifully maintained landscape beds give the property a classic Florida feel, while the welcoming front entry framed by lush greenery creates an inviting arrival for family and guests. Inside, the home reflects pride of ownership and has been meticulously maintained throughout. The kitchen is both stylish and functional, featuring granite countertops, generous cabinetry, and a convenient center island that provides plenty of space for meal preparation, casual dining, and gathering with friends and family. The outdoor living space is where this property truly shines. The screened pool area surrounds a sparkling saltwater pool, creating a private and comfortable place to relax or entertain while enjoying the Florida sunshine without the worry of insects. The pool is equipped with solar heating, allowing you to extend the swimming season and enjoy the water much of the year. Just beyond the pool area, a welcoming Florida room offers another beautiful space to unwind while enjoying the natural surroundings. This bright and comfortable room can be enjoyed for three seasons of the year and is the perfect place for morning coffee, quiet afternoons, or evenings taking in the peaceful view. The backyard overlooks a tranquil pond with majestic woods beyond, creating a stunning natural backdrop and a sense of privacy that is hard to find. Wildlife is part of everyday life here, with tropical birds, turtles, ducks, and even deer frequently seen around the water and wooded areas. For added comfort and peace of mind, the home is equipped with a whole-house Generac generator, ensuring dependable backup power whenever it is needed. With its tropical landscaping, serene water views, saltwater pool, Florida room, and abundant wildlife, this home offers a rare opportunity to enjoy the relaxed beauty of Florida living in a setting that feels both private and connected to nature.
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.
Data provided is deemed reliable but is not guaranteed. The data relating to real estate for sale on this website comes in part from the Northeast Florida Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.
