Set on .37 acres and packed with exceptional upgrades, this waterfront home is all about Lake Ariana living. This 3-bedroom home with a versatile flex space—perfect as a 4th bedroom, office, or playroom—was designed to maximize breathtaking lake views and effortless indoor-outdoor living. From the circular driveway, step onto the covered front porch, an ideal shaded retreat any time of day. Inside, you’re welcomed by an open family room framed by expansive lake views that immediately set the tone. The adjoining dining area and kitchen feature granite countertops, a breakfast bar, stainless steel appliances, and three pantries for exceptional storage. Just beyond the kitchen is the 20x20 garage, complete with storage shelving on both sides, and an indoor utility room with additional shelving and ample storage space. The flex room off the kitchen offers endless possibilities to suit your lifestyle needs. The dining room is a true showstopper, featuring a 220-gallon established saltwater aquarium that conveys with the home—complete with live coral, plants, and fish. Down the hall, you’ll find three generously sized bedrooms, with Bedrooms 2 and 3 offering direct lake views. The primary suite includes a private bath with a walk-in shower, while the second full bath features a shower and jet tub. Two additional hallway storage closets add even more convenience. Step outside and discover a lush, productive landscape with mature fruit trees including guava, pear, plum, tangerine, and fig, plus a dedicated area ready for your future vegetable garden. Along the side of the home, mature pineapple plants are expected to be ready for harvest by mid-summer. The lakefront is where this property truly shines. The private dock features a boat lift, double jet ski lift, and engine hoist, along with ample deck space for entertaining. Built-in waterproof speakers keep the vibe going, while a storage shed with a mini fridge ensures cold drinks are always within reach. As the sun sets, gather by the lakeside fire pit with plenty of seating for evening relaxation. Dockside amenities include running water from the lake and an irrigation pump for the yard. Additional highlights include a metal roof, newer HVAC system (2019), storm shutters, new double-pane windows with lifetime warranty, new ductwork, added air returns, and an Air Knight ionization system for cleaner, fresher indoor air. Enjoy endless sunrises and sunsets, true lake life living, and NO HOA restrictions. This exceptional waterfront home is a rare find—schedule your private or virtual showing today before it’s gone.
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.
