Savona Floor Plan with Conservation view on cul-de-sac | 4 Bedrooms | 3 Bathrooms | 2 Car Garage | 4036 Sq. Ft Located on a quiet cul-de-sac with a peaceful conservation view, this beautifully maintained Savona model offers a thoughtfully designed layout and exceptional outdoor amenities that create the perfect setting for both everyday living and effortless entertaining. From the moment you enter, you'll appreciate the elegant architectural details found throughout the home, including crown molding and tray ceilings. The functional first-floor layout features a private home office with wood flooring, a formal dining room, and an expansive great room that seamlessly connects to the kitchen, which boasts updated appliances and a breakfast nook. Additionally, there is a dedicated multi-functional built-in workspace that can serve as a homework station or meal planning area. A guest bedroom on the first floor, recently refreshed with new carpet in May 2025, is adjacent to a full bathroom featuring quartz countertops and a beautifully updated shower, providing ideal accommodations for guests or multi-generational living. Upstairs, luxury vinyl flooring extends throughout the second level, where you'll find a generous bonus/game room offering endless possibilities for a media room, playroom, or additional gathering space. The spacious owner's suite is complemented by custom California closets, while two additional bedrooms provide plenty of room for family and guests. Step outside to your own private resort-style backyard. The covered lanai is well equipped with an outdoor kitchen, making outdoor dining and entertaining a breeze. The custom pool features a tanning ledge with integrated lounge chairs, creating the perfect place to soak up the Florida sunshine, while the elegant spillover spa with built-in seating offers a relaxing retreat at the end of the day. All of this is set against a tranquil conservation backdrop, providing exceptional privacy and picturesque views. Meticulously cared for, the home also features exterior paint completed in 2020, gutters added in 2021, a roof professionally cleaned last year, and the added peace of mind of an active termite bond. Combining timeless finishes, flexible living spaces, and spectacular indoor-outdoor living in one of Lake Nona's most desirable communities. HOA dues include lawn care, cable, internet, guard-gated security, resort-style pools, fitness center, tennis courts, and walking trails. Conveniently located near Medical City, Lake Nona Town Center, Orlando International Airport, and KPMG.
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.
