Nestled in the heart of Laureate Park and just steps from Laureate Park Elementary School, this exceptional 2021 end-unit townhome offers the privacy of a conservation backdrop and the open green space of a park right outside your door—delivering the feel of a single-family home with the ease of low-maintenance living. Perfectly positioned across from a park and moments from a playground, a charming covered front porch welcomes you inside to a light-filled, carpet-free interior featuring luxury vinyl flooring throughout. Designed with modern elegance and versatility in mind, this thoughtfully crafted floor plan includes 3 bedrooms, 2.5 bathrooms, a spacious loft, a dedicated laundry room, and a two-car garage. At the heart of the home, the gourmet kitchen shines with stainless steel appliances, upgraded quartz countertops, and ample cabinetry—ideal for both everyday living and entertaining. The open layout flows seamlessly to a private paver side patio overlooking an expansive side lawn, creating a rare outdoor retreat perfect for relaxing or hosting guests. The first-floor primary suite offers convenience and comfort, complete with an ensuite spa-like bathroom featuring dual vanities, a large walk-in shower, a linen closet, and a generous walk-in closet. Upstairs, two additional bedrooms and a versatile loft provide flexible space for a home office, media room, or play area. Enjoy a truly lock-and-leave lifestyle with HOA-maintained exterior lawn care, giving you more time to take advantage of the world-class amenities that make Lake Nona one of Central Florida’s most desirable destinations. Residents of Laureate Park enjoy access to an aquatic center with lap and resort-style pools, splash pad, fitness center, dog park, scenic biking and walking trails, tennis and basketball courts, lush green spaces, and an on-site restaurant. Ideally located adjacent to Lake Nona Medical City—home to the VA Hospital and Nemours Hospital—and just minutes from USTA National Campus, Nona Adventure Park, Drive Shack, major highways, and Orlando International Airport. Plus, world-renowned attractions including Walt Disney World are less than 30 minutes away. This stunning residence combines location, lifestyle, and luxury in one remarkable opportunity. Expect to be impressed.
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.
