Welcome to Storey Park in Lake Nona, a premier gated community perfectly positioned in the heart of Orlando’s fast-growing technology and Medical City corridor. This energy-efficient home, complete with solar panels, blends modern comfort, thoughtful upgrades, and sustainable living in one of Lake Nona’s most desirable neighborhoods. This two-story residence features 3 bedrooms, 2.5 bathrooms, and beautifully upgraded interior spaces. A charming front porch leads you into a bright and open living area filled with natural light. The main level includes an upgraded half bath and a stylish kitchen equipped with stainless steel appliances, granite countertops, white cabinetry with crown molding, decorative backsplash, pendant lighting, and an impressively large walk-in pantry. Just off the kitchen, an elegant dining space flows into a versatile flex room ideal for a home office, playroom, or reading nook. Upstairs, the expansive primary suite offers a peaceful retreat with a spa-inspired en suite featuring a double-sink vanity, garden tub, and walk-in shower. Two additional generously sized bedrooms and a guest bath with a dual-sink vanity provide excellent comfort and privacy for family or guests. Step outside to your private outdoor oasis—an extended screened-in patio with pavers and a relaxing spa, perfect for unwinding or hosting friends. The oversized rear-entry two-car garage includes epoxy flooring and ceiling-mounted storage racks for added convenience. A gated dog run completes the backyard experience for pet owners. Living in Storey Park means enjoying resort-style amenities: multiple pools, a fitness center, playgrounds, parks, clubhouse, and high-speed internet included in the HOA. Zoned for top-rated Lake Nona schools, this home offers unmatched access to Medical City, the VA Hospital, Nemours Children’s Hospital, Orlando International Airport, and major highways 417 & 528. Schedule your private tour today and experience the exceptional lifestyle this beautiful Lake Nona home offers.
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.
