Welcome to this beautifully updated 4-bedroom, 2-bathroom single-family home located in the desirable community of Winter Springs. Perfectly maintained and thoughtfully remodeled, this residence offers modern upgrades throughout while retaining a warm and inviting feel. From the moment you arrive, you’ll appreciate the curb appeal highlighted by a charming paver front porch. Step inside to find a bright and open floor plan featuring high-quality luxury vinyl plank flooring installed within the last three years, with the living room floor completed just one year ago. The spacious living area is anchored by an updated wood-burning fireplace, creating a cozy centerpiece for family gatherings. The remodeled kitchen is a chef’s delight with newer appliances (installed just four years ago), stylish finishes, and ample space for entertaining. The owner’s suite boasts a fully remodeled bathroom with contemporary upgrades, while the second bathroom has also been beautifully redone. Both spaces provide a fresh, modern look that enhances everyday living. Major systems have been thoughtfully updated for peace of mind, including the roof, exterior paint, and A/C system (all replaced within the past 3–4 years), along with a hybrid water heater installed two years ago. A new garage door was added just last year. Step outside to your private backyard retreat featuring a gorgeous pool with resurfaced decking completed two years ago. A durable vinyl fence, installed three years ago, ensures privacy and a secure space for family and pets. This home truly shines as “showroom ready” and in immaculate move-in condition. Every detail has been carefully considered, from flooring and finishes to major mechanicals, offering buyers confidence and comfort for years to come. Don’t miss this opportunity to own a turn-key home in a sought-after Winter Springs location close to schools, shopping, dining, and major roadways. Schedule your private showing today and experience all this home has to offer!
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.
