Discover luxury living in this expansive two-story townhome featuring 4 bedrooms, 2.5 bathrooms, and a 2-car garage with ample storage. Designed with a bright open floor plan, the home welcomes you into a HUGE great room that seamlessly connects to a beautifully appointed kitchen—perfect for entertaining and everyday comfort. Sliding glass doors lead to a private covered lanai, inviting relaxing indoor-outdoor living. A convenient powder room completes the thoughtfully planned first floor. Upstairs, you’ll find a spacious owner’s suite with an oversized walk-in closet and an elegant owner’s bath showcasing a large walk-in shower and modern finishes. The additional bedrooms brinda generous proportions and flexibility for family, guests, or a home office. These NEW, highly energy-efficient homes blend sophistication and value with premium 42” wood cabinetry, quartz countertops in kitchens and baths, stylish slate appliances, an advanced security system, and window blinds throughout—where comfort meets contemporary design. Located in the desirable Sawgrass Creek Townhomes Community, residents enjoy picturesque pond views, a resort-style pool and spa, clubhouse, basketball and tennis courts, soccer fields, a dog park, and beautifully maintained grounds supported by the HOA. This townhome offers the ideal setting to create lasting memories with friends and loved ones while enjoying the convenience and amenities of a vibrant modern neighborhood. Experience a home that delivers space, elegance, and the lifestyle you’ve been waiting for.
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.
