One or more photo(s) has been virtually staged. Priced to Sell in Champions Gate Country Club! Welcome to 1359 Olympic Club Blvd, an exceptional home that truly delivers on what today’s buyers want: space, functionality, and abundant storage. This expansive 5-BEDROOM, 3-BATHM residence offers over 3,800+ square feet of thoughtfully designed living space. The open layout is complemented by a HUGE KITCHEN PANTRY, extensive cabinetry, and generous closet space throughout—perfect for staying organized without compromise. Enjoy the convenience of TWO LAUNDRY ROOMS (upstairs and downstairs), ideal for busy households. The paver driveway leads to a spacious THREE CAR-GARAGE, adding both curb appeal and practicality. Inside, you’ll find NO CARPET ANYWHERE—with TILE flooring in main and wet areas and durable WATERPROOF PLANK flooring in bedrooms and the family room. The kitchen and bathrooms feature ELEGANT QUARTZ COUNTERTOPS, combining style with durability. Located in a GOLF CART-FRIENDLY COMMUNITY, you can easily access golf, dining, and amenities right from your driveway. As a homeowner in Champions Gate Country Club, you’ll enjoy resort-style living at its finest, including: Multiple community pools, water slides, and lazy rivers, The Oasis Club, The Plaza, and The Retreat Club A $75/month food & beverage credit Social events, dining, and entertainment options 24-hour access to a state-of-the-art fitness center. The HOA includes full golf membership, lawn care, gated security, cable, high-speed internet, and phone, while CDD and trash are included in your taxes—offering a truly low-maintenance lifestyle. All of this just minutes from Orlando’s world-class attractions, shopping, dining, and entertainment. Schedule your private showing today and experience resort-style living at its best!
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.
