Amazing 4 bedroom home with 3 CAR GARAGE located in Town Park at Tradition! This beautifully crafted home showcases quality craftsmanship and thoughtful design throughout, anchored by an expansive kitchen offering an exceptional amount of high-end cabinetry and storage. Parking is a breeze with a double car and a single car garage and 2 spacious pavered driveways. The back screened porch and fenced backyard are both private and expansive, providing the perfect setting for outdoor entertaining or peaceful relaxation. The elegant primary suite is a true retreat, highlighted by an upgraded frameless glass shower, dual walk-in closets, and designer finishes. Built with peace of mind in mind, the home includes a hurricane-rated front entry door and accordion shutters on the second level. upgrades such as a new hot water heater and AC unit ensure year-round comfort and energy efficiency. Four generously sized bedrooms and two-and-a-half baths, this home seamlessly blends sophistication, functionality, tranquility, and an exceptional opportunity to enjoy the best of the Tradition lifestyle and fall in love with Tradition's vibrant Town Center, a thoughtfully designed gathering place that reimagines small-town living with modern amenities without sacrificing nostalgic charm or a close-knit feel. Located in Tradition Square, the Town Center is the heart of the community, where neighbors come together for live music, seasonal events, and everyday moments filled with connection and joy. Residents enjoy weekly farmers markets, engaging workshops and classes hosted in the Town Hall, and countless opportunities to learn new skills, explore hobbies, and create lasting traditions with friends and family. Just steps away, the adjacent amphitheater provides year-round entertainment, featuring concerts, theater, dance, comedy, and more bringing culture and excitement right to your doorstep. This is more than a home. It is a lifestyle where new chapters begin and lifelong memories are made. This home comes with a low HOA, in a gated community and tons of amenities included. HOA fee included basic cable with HBO, high speed internet, monitored security alarm, phone land line and MORE! Don't miss you chance to own this piece of tropical paradise!
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.
