One or more photo(s) has been virtually staged. Some homes are built to impress. Others are built to hold up over time. Set inside the guard-gated Cascades of Groveland, this single-story residence offers nearly 1,850 square feet of thoughtfully arranged living space designed for predictability, comfort, and ease of movement. The community itself is intentional—structured, well-maintained, and amenity-rich—created for homeowners who value order and access without obligation. The home is positioned a few streets inside the community, away from the main entrance yet just one block from a residents-only gate, allowing for quick and convenient entry and exit. With no rear neighbors, the setting offers an added sense of privacy that’s increasingly hard to find. Inside, the layout is open yet composed. Tile and luxury vinyl plank flooring extend throughout the home—no transitions, no thresholds, and no carpeting—creating a clean, continuous flow that’s easy to live with day after day. The kitchen features updated, all-electric appliances and connects naturally to the main living areas, supporting both quiet routines and casual gatherings without wasted space. A covered and shaded front porch provides a welcoming arrival, while the screened rear lanai—accessed through dual sliding doors—creates a comfortable extension of the living space. Whether opened to the indoors or enjoyed on its own, it’s a setting designed for Florida’s climate and everyday use, not just special occasions. This is a resale property that reflects thoughtful stewardship rather than constant reinvention. The systems, layout, and finishes work together to support a low-maintenance lifestyle without sacrificing comfort or scale. Beyond the home, The Cascades offers a comprehensive amenity environment: a large clubhouse with restaurant and bar, fitness center, indoor and outdoor pools, pickleball, bocce ball and tennis courts, walking paths, and a wide range of included classes and activities. Lawn and hedge maintenance, gated security, and community management are handled through the HOA, creating consistency and reducing the number of decisions homeowners need to manage themselves. 129 Crepe Myrtle Drive is not about novelty. It’s about confidence—in the community, in the layout, and in how comfortably life can unfold here over the long term. For those who recognize the value of that kind of living, this home will speak clearly.
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.
