Welcome to this beautifully upgraded waterfront home in the highly sought-after Southfork community of Riverview, where style, space, and comfort come together effortlessly. Built in 2020 and offering over 2,300 square feet of thoughtfully designed living space, this move-in ready 4-bedroom, 2-bathroom home with an oversized flex room features peaceful pond views, a FULLY FENCED backyard, and a layout designed for both everyday living and effortless entertaining. From the moment you step inside, you’ll appreciate the home’s bright, open-concept design, soaring ceilings, abundant natural light, and stylish neutral finishes that create a warm, inviting atmosphere with a modern feel. Beautiful wood-look plank ceramic tile flooring flows throughout the main living areas. At the heart of the home is an impressive oversized kitchen designed for those who love to cook, gather, and entertain. Featuring a massive quartz island with seating, extensive counter space, abundant cabinetry, subway tile backsplash, pantry storage, this kitchen offers exceptional functionality without sacrificing style. The soft grayish cabinetry paired with crisp white quartz countertops creates a clean, timeless aesthetic buyers love. The spacious open layout seamlessly connects the kitchen, dining, and living spaces, creating an airy feel that makes the home feel even larger than expected. Whether entertaining guests or enjoying a quiet evening at home, the layout is both practical and inviting. One of the standout features of this floorplan is the oversized bonus/flex room, offering endless possibilities as a home office, gym, playroom, media room, homeschool space, or second living area, perfectly adaptable to fit your lifestyle. The generously sized primary suite is a true retreat, offering plenty of room to unwind and featuring a spa-inspired ensuite bathroom with dual vanities, stone countertops, walk-in shower, private water closet, and an oversized walk-in closet with exceptional storage space. Step outside and enjoy Florida living at its best from the covered screened lanai overlooking tranquil pond views, while enjoying the privacy and convenience of a fully fenced backyard with plenty of space for pets, play, entertaining, or simply relaxing outdoors. Adding even more value and peace of mind is a BRAND-NEW ROOF (2025)! The beautifully maintained exterior features professional landscaping, a paver driveway and a playground set in your backyard. Residents of Southfork enjoy resort-style amenities including a community pool, clubhouse, parks, playgrounds, and scenic sidewalks throughout the neighborhood. Step outside to the covered patio and expansive backyard, where tranquil pond views invite morning coffee, evening unwinding, or quiet moments surrounded by nature. Conveniently located near shopping, dining, hospitals, a new VA clinic, and with easy access to I-75 and US-301, this home offers the rare balance of comfort, convenience, and peaceful surroundings. Home comes equipped with Hurricane Shutters. Schedule your private showing and experience it for yourself. Bright, spacious, stylish, and truly turnkey, this waterfront beauty offers the perfect blend of modern living, flexible space, and effortless Florida lifestyle.
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.
