RAVISHING RIVERS REACH WATERFRONT RETREAT!!! Tucked inside the GATED COMMUNITY of Rivers Reach, this beautifully maintained waterfront residence delivers the Florida lifestyle buyers are after — open, airy living paired with PEACEFUL WATER VIEWS and low-maintenance ease. From the moment you arrive, the CUSTOM WIDENED PAVER DRIVEWAY, manicured landscaping, and charming covered front porch create an inviting first impression that immediately feels like home. Step inside to find RICH WOOD FLOORING flowing seamlessly throughout, complemented by HIGH CEILINGS THROUGHOUT that enhance both space and natural light. The open-concept layout is clean, functional, and designed for the most discerning present-day buyer. At the center of it all, the kitchen features granite countertops, a tasteful tile backsplash, and solid wood cabinetry with ample storage — all overlooking the main living area to keep everything connected. The great room is anchored by a TRAY CEILING that adds depth and character, while large sliding glass doors draw your eye out to the lanai and beyond. Step outside to your screened-in outdoor living space, where one can sit sipping on a cup of their favorite brew whilst taking in the morning breeze and serene view of the water’s edge, creating a private setting that’s equally suited for quiet mornings or relaxed evenings. A versatile den/media room with a custom sliding barn door adds flexibility for a home office or additional living space, while the owner’s retreat is highlighted by a FULLY RENOVATED EN-SUITE MASTER BATHROOM WITH A BREATHTAKING WALK-IN SHOWER, delivering a true spa-like experience. The home’s guest bedrooms and bathroom maintain the same clean, move-in-ready feel, while a thoughtfully designed laundry room with added workspace and storage enhances everyday functionality. Residents of Rivers Reach enjoy access to a resort-style pool and spa, fitness center, playground, and scenic walking trails — all just minutes from Lakewood Ranch and University Town Center. Whether you're looking for a full-time residence or seasonal retreat, this home delivers where it matters most. IN A SEA OF SUB-PAR NEW CONSTRUCTION HOMES THAT LEAVE SO MUCH TO BE DESIRED…OPPORTUNITIES LIKE THIS DON’T LAST — SCHEDULE YOUR PRIVATE SHOWING TODAY, BEFORE THIS ONE SLIPS THROUGH YOUR GRASP AS WELL!
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.
