Tucked away in the vibrant East Orlando/Lake Nona corridor, this exceptional corner-lot property blends modern sustainability with premier community luxury. Fully equipped as an energy-efficient SMART home powered by solar energy, this 3-bedroom, 2.5-bathroom residence sits proudly within one of the area’s most desirable gated neighborhoods, offering access to top-tier, A-rated schools. From the moment you arrive, the stone-accented facade, pristine landscaping, and inviting front porch establish an impressive curb appeal, while the rear-loading two-car garage features an extended driveway to easily accommodate guests. Step inside to an airy, sun-drenched floor plan where an abundance of windows invites natural light to fill every corner. The entire main level is anchored by upgraded tile flooring that seamlessly connects the generous living room to the central dining area. Chefs and entertainers alike will fall in love with the gourmet kitchen, which boasts sophisticated 42” cabinetry, sleek stainless-steel appliances, a custom tiled backsplash, a walk-in pantry, and a sprawling breakfast bar perfect for morning coffee or casual get-togethers. Just off the kitchen, frosted-glass French doors open to a versatile bonus room—an ideal sanctuary for a dedicated home office, a creative studio, or a playroom. A convenient powder room and a spacious laundry center with direct access to the back patio and garage complete the first floor. The upper level serves as a private retreat, starting with a luminous primary suite. This primary haven features an expansive walk-in closet and a spa-like en-suite bathroom detailed with a dual-sink vanity, a deep garden soaking tub, and a separate walk-in shower—both enhanced by custom tile work. Two additional bright bedrooms are situated near a well-appointed second full bathroom, which also offers a dual-sink vanity and a classic tub/shower combination. Outdoor relaxation awaits on your covered back patio, the perfect spot to unwind and enjoy the neighborhood's peaceful ambiance. Life in Storey Park feels like a year-round vacation. The community's robust HOA package covers high-speed internet and cable, granting you effortless access to a spectacular lineup of resort-style amenities: a sparkling pool, dual splash pads, a clubhouse and resident restaurant, fitness center, tennis courts, sports fields, walking trails, a dog park, campgrounds, and an active calendar of community events. Perfectly positioned for effortless commuting, you are just minutes from the 417, 528, and 408 expressways, Lake Nona Medical City, Moss Park, and the Orlando International Airport. Your next chapter starts here—experience this beautiful home in person and schedule your private tour 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.
