LAKEVIEW!! GOLF CART INCLUDED with signed agreement by May 25th! Stunning Home with expansive Lake views has dual Primary Suites & premium upgrades. This beautifully maintained 2021 built home offers 2,943 sq. ft. of thoughtfully designed living space, 3 car garage and an exceptional blend of comfort, technology & upgrades. Just off the large, gracious foyer is a versatile flex space with beautiful cabinetry, shelves and black diamond granite countertop. Ideal for a home office, creative workspace or playroom. The foyer leads to a large open concept living and dining area featuring a large kitchen island with quartz countertops perfect for entertaining. The upgraded cabinets have crown molding, light rail and under cabinet lighting. There are beautiful, black and stainless appliances including a dishwasher and water softener installed in Dec 2025. French doors open to a large, private screened lanai including an extended patio with a fully fenced yard looking out over the serene Cabbage Slough Lake! First floor laundry room has cabinets for extra storage. This spacious home features 4 bedrooms including two luxurious primary suites--one located on the first floor with a huge walk-in closet and the other on the second level for extra privacy. There is another full bath, 2 additional bedrooms, a large loft, and an office on the second level. This home is equipped with a built-in 5.1 surround sound system featuring in-ceiling speakers and auxiliary hookups. Also featured are internet connections providing seamless connectivity for a true smart home entertainment experience. This home features beautiful wood look tile through most of first floor and new luxury vinyl plank flooring in first floor primary suite, stairway and all of the second level. There are granite countertops in all bathrooms. There is ample storage areas throughout the home, including a shed for those extra toys and tools! Lot extends beyond back fenceline. The refrigerator in garage is included. This home truly offers the perfect combination of space, upgrades and lifestyle--all set against a peaceful lakeview backdrop. You'll be ready to join the community holiday parades with your 2022 golf cart! The low HOA includes trash pickup, clubhouse with community room, kitchen, pool table, fitness center, locker rooms and large beach entry resort style pool with water features for the kiddos! Close to major highways, hospitals and airports. TVs, Washer, Dryer, Freezer, Tool boxes and tool cabinets in garage do not convey.
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.
