One or more photo(s) has been virtually staged. Welcome to this exceptional executive residence nestled in the highly sought-after Laureate Park community of Lake Nona. Built by David Weekley Homes, this stunning Long Boat floor plan boasts over 4,400 square feet of thoughtfully designed living space, perfectly blending elegance, comfort, and modern functionality. The home also features fully paid-off solar panels, helping to offset a significant portion of the home’s electrical usage and enhance energy efficiency. From the moment you enter, you’re greeted by abundant natural light and a dramatic two-story great room that creates an inviting and open atmosphere. The chef-inspired kitchen is the heart of the home, featuring a large center island, quartz countertops, and stainless-steel appliances including a built-in cooktop, oven, microwave, and beverage refrigerator, ideal for both everyday living and entertaining. Designed for seamless indoor-outdoor living, the spectacular four-season room showcases spectacular glass accordion doors that open to a private backyard oasis. Enjoy a saltwater pool with water features, all enclosed within a screened lanai, overlooking a serene conservation lot that offers both privacy, no rear neighbors and picturesque views. The main floor primary owner’s suite is a true retreat, highlighted by a magnificent cathedral ceiling, a spacious walk-in closet with custom organization, and a luxurious ensuite bath complete with a garden tub, separate walk-in shower, and dual separate vanities. Additional living spaces include a flex room with double glass doors, perfect for a home office, den, or creative studio, and a dining room accented by a striking stone feature wall. Upstairs, thoughtfully designed bedrooms provide comfort and convenience, including a Jack-and-Jill bathroom and additional full baths ideal for guests. A 3-car tandem garage adds extra storage and functionality. Step outside to a charming courtyard just off the dining area, perfect for hosting gatherings or enjoying quiet moments. This home was designed with entertaining in mind, offering multiple indoor and outdoor spaces to gather and unwind. Located in close proximity to Crescent Park and Canvas Restaurant & Market, residents also enjoy Laureate Park’s resort-style amenities, including multiple pools, a fitness center, volleyball and basketball courts, and multiple playgrounds. Just minutes away are Lake Nona Town Center, Boxi Park, Medical City, USTA National Campus, Orlando International Airport and world-renowned attractions like Walt Disney World and Universal Orlando Resort. Experience luxury living in one of Orlando’s most vibrant and innovative communities, this is truly a place to call home. Schedule your private showing today and experience it for yourself.
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.
