Located in a perfect location at Lake Nona’s premier community of Laureate Park. This stunning DAVID WEEKLEY home sits on an oversized, corner lot with partial WATER VIEWS from the front porch. With 4 bedrooms, 3 full bathrooms, an office, and a versatile loft, this thoughtfully designed space is tailor-made for both relaxing and entertaining. At the entrance, a foyer and bonus room/office greet you. The heart of this open concept floor plan is the gourmet kitchen, featuring sleek quartz counters, modern hardware and backsplash, stainless steel appliances, built-in ovens, ample cabinetry, pantry, upgraded flooring throughout and an oversized island with views of the rear patio and fenced backyard. Plenty of Natural Light fills the open-concept floor plan which seamlessly connects the kitchen, dining area, and living room, making it perfect for year-round entertaining. The primary suite features custom accent walls, trayed ceiling, a spa-like bathroom with a large frameless shower and extended walk-in closet. On the second floor, two additional bedrooms are generously sized, perfect for family or guests, while the versatile loft offers the ideal space for a playroom or second living area. Step outside to experience your beautiful OUTDOOR OASIS complete with covered lanai, corner homesite with room for a pool, and an extended fenced-in private backyard that is the ideal space to enjoy time with family and friends. Must see in person to fully appreciate every detail of this immaculate home. Additional notable features: custom accent walls in family room and office, also CUSTOM BUILT-IN CLOSETS throughout the home. Situated in Laureate Park, this family-friendly community offers a harmonious blend of natural beauty and modern amenities. Enjoy the aquatic center with its 3 pools, or engage in outdoor fun at the tennis and basketball courts, pocket parks, and scenic walking trails. For those who love technology, Laureate Park includes Gigabit Fiber Internet to every home. Located near the vibrant Lake Nona Town Center and top-tier Medical City, this neighborhood is close to countless shopping and dining options including the extraordinary Lake Nona West shopping complex coming in early 2026. This extraordinary residence is a rare opportunity; arrange your exclusive showing today!
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.
