MOVE IN READY, thoughtfully updated, convenient location and full of outdoor charm. Welcome to this beautifully maintained 3-bedroom, 2 bath home located in the desirable Marion Oaks Unit 7 neighborhood. From the moment you arrive, the curb appeal grabs you, freshly PAINTED EXTERIOR (2023), New (2026) whole home WATER FILTRATION, tidy landscaping, and a welcoming front entry that feels like home before you even open the door. Inside, you will find a bright, open layout with fresh INTERIOR PAINT (2025), complemented by modern updated lighting, door hardware, and faucets throughout. The home has been lovingly cared for and it shows. The kitchen offers functional pull-out shelving, plenty of workspace, and a seamless connection to the main living areas, making everyday living and entertaining easy. The living space opens to new rear sliding glass doors with built-in blinds, leading out to a screened lanai that truly steals the show. This is Florida living done right. Enjoy morning coffee, evening wine, or weekend gatherings while overlooking your fully fenced backyard, complete with a cozy fire pit and trellises draped with muscadine grape vines. It is private, peaceful, and perfect for making memories. Additional highlights include a NEW ROOF INSTALLED 2022, interior laundry closet, gutters with leaf guards, and a layout that is both comfortable and practical. Located minutes from the future SW Highway 484 and SW 49th Court Road Publix shopping center, offering convenient access to daily essentials, dining, and services. The home is also close to the future South Marion High School scheduled to open in August 2026, making this an excellent opportunity for buyers looking to get ahead of upcoming growth and development. Situated close to schools, shopping, dining, parks, and have convenient access to the Marjorie Harris Carr Greenway and Florida Trail at the 49th Avenue Trailhead, ideal for nature lovers, walkers, and outdoor enthusiasts. Location matters, and this one delivers. This home checks the boxes buyers are searching for. Updates, move-in ready, inviting outdoor space, and a location that supports an active lifestyle.
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.
