**Elegant Preserve-View Home with Pool & Spa + TRANSFERABLE BEACH CLUB MEMBERSHIP** Welcome to **13233 Scrub Jay**, a beautifully maintained single-family home set on a **quiet, private street** with **no homes across the way**—just a peaceful sidewalk and natural preserve views. Located in the highly desirable **Riverwood Golf & Resort Lifestyle Community**, this residence offers the perfect blend of comfort, privacy, and resort-style amenities. **Interior Living** Step inside to an inviting **great room** with **surround-sound speakers** (also in the den, lanai, and primary bedroom), creating an ideal environment for entertaining or relaxing. A dedicated **dining room** and well-appointed **kitchen** complete the main living area, featuring: - **Under-cabinet lighting** - **Tile backsplash** - **Crown-moulded cabinetry** - **Recessed lighting** Plantation shutters and **crown moulding throughout** add a refined, cohesive finish to every room. **Primary Suite Retreat** The spacious primary bedroom features a **tray ceiling**, **crown moulding**, and a **large walk-in closet**. The ensuite bath offers: - **Separate vanities** - **Large walk-in shower** - **Soaking tub** framed by a **glass-block privacy window** - **Recessed lighting** **Guest & Flex Spaces** A **split-bedroom floor plan** ensures privacy for owners and guests. - The **large 3rd bedroom**, currently used as a den, includes recessed lighting and surround sound. - The **2nd bedroom** and **guest bath** are located at the front of the home, creating a welcoming guest suite. **Outdoor Oasis** Enjoy the Florida lifestyle from your private **pool and spa**, overlooking the tranquil **preserve**. The lanai is protected with a **roll-down hurricane shutter**, providing peace of mind and convenience. **Updates & Features** This home has been thoughtfully maintained and upgraded, including: - **Washer & dryer (2024)** - **HVAC (2020)** - **Exterior paint (2021)** - **Interior paint (2018)** - **Accordion hurricane shutters** for windows & front door - **Roll-down shutter** for lanai - **Central vacuum system** with 4 outlets - **Custom garage storage cabinets** - **Laundry tub** - **Attached 2-car garage** **Community & Lifestyle** Riverwood offers an unmatched resort-style experience with championship golf, resort and lap pools, fitness center, pickleball, tennis, dog parks, walking trails, and a vibrant social calendar. This home also includes the **rare and highly coveted TRANSFERABLE BEACH CLUB MEMBERSHIP**, granting exclusive access to the private Beach Club on Manasota Key — a premium lifestyle benefit seldom available.
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.
