***PRICE IMPROVEMENT, SELLER MOTIVATED!*** Completely updated in recent years, this 5-bedroom, 4-bath residence offers 3,358 square feet of thoughtfully designed living space in Keene’s Pointe, Windermere’s premier 24-hour guard-gated community and home to the Golden Bear Club. An oversized driveway with parking for up to nine vehicles, along with a three-car garage, creates a strong first impression. Inside, the main level features commercial-grade porcelain tile flooring, crown molding, and an open, functional layout. Just off the entry, a custom wet bar with wine refrigerator and beverage fridge flows seamlessly into the dining area, making it ideal for entertaining. The chef’s kitchen opens to the living room and is equipped with a gas range and hood, stainless steel appliances, quartz countertops, a large island with 36-inch cabinetry for added storage, a farmhouse sink, and soft-close cabinets. The spacious primary suite is located on the first floor and includes a large walk-in closet and a spa-inspired bathroom with dual vanities, a soaking tub, and an oversized shower with multiple spray features. Three additional bedrooms and two fully updated bathrooms complete the main level. All bedrooms feature custom closet systems and new ceiling fans. Upstairs, newly finished stairs lead to a versatile loft with luxury vinyl plank flooring, along with an additional bedroom and full bathroom, offering flexible space for guests, a home office, or media room. Sliding doors from the living room open to a newly completed 1,000-square-foot paver patio with a natural gas firepit and an expansive backyard. This outdoor space is ideal for entertaining or relaxing while enjoying views of the nightly Disney fireworks. The roof was replaced in 2021. Keene’s Pointe offers an exceptional lifestyle with boardwalk access to Lake Tibet on the Butler Chain of Lakes, two community boat launches, four playgrounds, and regular neighborhood events. The Golden Bear Club provides optional membership access to a clubhouse, 18-hole championship golf course, tennis courts, fitness center, pool, and social activities. Conveniently located near Orlando’s attractions, shopping, dining, and major highways, this move-in-ready home presents a rare opportunity to own in one of Central Florida’s most sought-after communities. Schedule your private showing today.
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.
