Luxury Living in Eagle Creek | Saltwater Pool, Spa & Outdoor Kitchen Priced below recent appraised value. Luxury 4 bedroom, 4 bath residence located in the gated Eagle Creek community of Lake Nona. Built less than four years ago, this refined home offers elevated design and resort-style living throughout. Enjoy a saltwater heated pool and spa with a covered screened enclosure, enhanced by remote-controlled pool lighting, creating an exceptional outdoor entertaining experience. The outdoor living area is complete with a custom outdoor kitchen featuring a Paradise Grill with two burners, flat iron, sink with running water, and built-in refrigerator, perfect for hosting and year-round enjoyment. A spacious second-floor balcony overlooks the pool, providing a private retreat ideal for relaxing or entertaining. The main level features a first-floor primary suite with an en-suite bath, showcasing Mohawk Cedar Chestnut flooring throughout, upgraded interior paint, white trim and doors, crown molding in main living areas and the primary suite, and an upgraded stair railing with stained wood handrail and iron balusters. White 4- inch plantation shutters are installed in all rooms, adding timeless elegance and privacy. The gourmet kitchen features 42" cabinetry with molding, a custom cabinet hood, designer-pattern backsplash, Kashmir White granite countertops, and Whirlpool stainless steel appliances. All bathrooms are appointed with upgraded cabinetry, subway glass tile, upgraded fixtures and lighting, Kashmir White granite countertops, and a semi-frameless glass shower enclosure in the primary bath. Additional highlights include whole-house gutters, aluminum fenced backyard with gates, owned water softener system, recessed lighting, a two-car garage with ceiling-mounted storage racks, and new exterior paint. The backyard is finished with Delaturf Playscape Turf with TCool cooling agent, designed for cooler surface temperatures, durability, pet-friendly comfort, and low-maintenance outdoor living. Residents enjoy access to Eagle Creek’s championship golf course, 24-hour gated security, clubhouse and restaurant, resort-style pool, fitness center, tennis and basketball courts, playgrounds, walking and biking trails, and close proximity to Medical City, top-rated schools, dining, and major highways. Seller is offering $10,000 toward buyer’s closing costs, ideal for an interest rate buy-down or reduced closing expenses. This is a rare opportunity to own a home where comfort, style, and location come together seamlessly.
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.
