One or more photo(s) has been virtually staged. Welcome to this beautifully appointed 4-bedroom, 4-bath home in the guard-gated Eagle Creek community of Lake Nona. Built less than four years ago, this residence blends refined finishes, functional design, and exceptional indoor-outdoor living. Step outside to your private retreat featuring a saltwater heated pool and spa, covered screened enclosure, and remote-controlled lighting for the perfect evening atmosphere. The custom outdoor kitchen includes a Paradise Grill with two burners, flat iron, sink, and built-in refrigerator, ideal for entertaining year-round. Upstairs, a spacious private balcony overlooking the pool adds another inviting place to relax. Inside, the home offers a first-floor primary suite, Mohawk Cedar Chestnut flooring, upgraded paint, crown molding, plantation shutters, recessed lighting, and elegant stair railing details. The gourmet kitchen is finished with 42-inch cabinetry, custom hood, designer backsplash, Kashmir White granite, and Whirlpool stainless steel appliances. Additional features include: Whole-house gutters Aluminum fenced backyard Owned water softener Two-car garage with ceiling storage racks New exterior paint Delaturf Playscape Turf with TCool cooling agent for low-maintenance, pet-friendly outdoor living Residents of Eagle Creek enjoy 24-hour gated security, a championship golf course, clubhouse and restaurant, resort-style pool, fitness center, tennis and basketball courts, playgrounds, and scenic walking and biking trails—all just minutes from Medical City, top-rated schools, dining, and major highways. A rare opportunity to own a stylish, move-in-ready home in one of Lake Nona’s most desirable communities. Some photos have been virtually staged
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.
