MOVE-IN READY in the highly sought-after Lakeview Pointe community of Horizon West! This beautifully maintained 3-bedroom, 2.5-bath home offers an open-concept floor plan that's perfect for everyday living and entertaining. Start your day with a cup of coffee on the charming front porch while enjoying peaceful conservation views and local wildlife with no front neighbors, or relax in the evening on the private rear porch overlooking a tranquil green space that creates added privacy between the home and detached garage. Inside, you're welcomed by soaring vaulted ceilings, abundant natural light, and tile flooring throughout the main level. The spacious living room flows seamlessly into the open kitchen, featuring granite countertops, a center island, solid wood cabinetry, stainless steel appliances, and ample workspace for the home chef. The adjacent dining area and convenient half bath complete the first floor. Upstairs, you'll find NEW luxury laminate flooring throughout the staircase and second level, adding a fresh, modern touch. The generous primary suite is filled with natural light and features a spacious ensuite bath with dual vanities, a walk-in closet, and a walk-in shower. Two additional bedrooms, a full guest bath, and an upstairs laundry room provide both comfort and convenience. Residents of Lakeview Pointe enjoy exceptional amenities, including scenic walking trails, a resort-style pool, fitness center, playground, fishing pier on Huckleberry Lake, and a Disney fireworks viewing area where you can enjoy spectacular nightly displays. The location is second to none, just minutes from Hamlin Town Center, Starbucks, Walgreens, shopping, restaurants, Horizon West Regional Park and new library opening soon, plus everyday conveniences. Orange County National Golf Center is nearby, and Walt Disney World is approximately 10 minutes away, with Disney Springs just 12 miles from home. Convenient access to SR 429 and other major roadways makes commuting throughout Central Florida effortless.
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.
