Welcome to this beautifully maintained 4-bedroom, 3-bathroom home located in the desirable Lakeside community of Apopka. Built in 2020, this stunning residence offers approximately 2,400 square feet of pristine living space, thoughtfully designed for both everyday comfort and effortless entertaining. From the moment you arrive, the paved driveway and mature landscaping create exceptional curb appeal and set the tone for the impressive interior that awaits. Inside, the open-concept floor plan seamlessly connects the spacious living and dining areas, highlighted by an elegant electric fireplace that serves as the focal point of the home. The kitchen is designed to impress, featuring stone countertops, rich wood cabinetry, stainless steel appliances, a large center island with seating, and a dedicated coffee bar that adds both convenience and charm. Large sliding glass doors fill the living area with natural light and provide direct access to the screened and paved lanai, creating the perfect indoor-outdoor living experience for relaxing or entertaining guests. The spacious primary suite serves as a private retreat, complete with a generous walk-in closet and a luxurious en-suite bathroom featuring dual vanities, a soaking tub, a modern walk-in shower, and an additional electric fireplace that creates a warm and inviting atmosphere. Three additional bedrooms provide comfortable accommodations for family members or guests, while two additional full bathrooms provide added convenience, including one with a shower-tub combination and another with a walk-in shower. Additional upgrades include a water softener system, decorative chandeliers, and thoughtful finishes throughout the home. Residents of Apopka enjoy an exceptional quality of life, with a lower cost of living, convenient access to Central Florida’s renowned natural springs and parks, and easy highway connections to major employment centers throughout the Orlando area. This move-in-ready home combines modern style, functional living spaces, and an ideal location—offering the perfect place to call home in one of Apopka’s most desirable communities.
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.
