One or more photo(s) has been virtually staged. Welcome to the Laguna — a beautifully designed 3-bedroom, 2-bath home with a spacious 2-car garage that perfectly blends comfort, functionality, and style. Situated on one of the larger lots in the community, this property offers an abundance of outdoor space perfect for adding a pool, creating an incredible entertaining area, or simply enjoying the Florida lifestyle. Thoughtfully designed to feel much larger than its footprint, this open-concept floor plan offers the ideal balance of privacy and entertaining space. The two guest bedrooms are positioned at the front of the home, while the private owner’s suite is tucked away in the rear for added peace and relaxation. At the heart of the home, the generously sized gathering room flows seamlessly into the gourmet kitchen and dining area, creating the perfect setting for entertaining family and friends. The kitchen is beautifully appointed with an upgraded stainless steel farmhouse sink, upgraded faucet, pot filler, and GE Café refrigerator. Step outside and enjoy true Florida living with the extended paver lanai, pre-plumbed summer kitchen with knee wall, prewired speaker system, and a fully fenced backyard featuring two gates for added convenience. The yard is fully irrigated and already pre-plumbed for a future pool, making it easy to create your dream outdoor oasis. Additional upgrades include ceiling fans throughout every room and lanai, gutters, blinds throughout, and a luxurious owner’s bath featuring three shower heads for a spa-like experience. Walking distance to the resort-style community amenities, and just a short drive to UF, the VA, I-75, Haile Village Center, Tioga Town Center, shopping, dining, and so much more! This move-in ready home offers the perfect combination of upgraded finishes, smart design, and indoor-outdoor living. Call today for your VIP tour!
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.
