From the moment you step inside, you’ll notice the thoughtful details that make this home feel special, including plantation shutters throughout, beautiful wood-look flooring, vaulted ceilings, and a bright, open layout designed for everyday living and easy entertaining. The kitchen flows seamlessly into the main living area, creating a comfortable gathering space with views straight out to the screened pool and covered patio. Whether you’re enjoying a quiet morning, hosting a casual get-together, or relaxing at the end of the day, the outdoor living area is a true highlight. Beyond the pool, green space creates a peaceful backdrop, with deer often seen nearby. The kitchen features plenty of workspace, an eat-in area, breakfast bar seating, updated cabinetry with pull-out storage, and stylish countertops. The primary suite offers direct access to the patio and pool area, along with a beautifully updated bathroom featuring a tiled shower, double-sink vanity, updated lighting, and added storage. The guest bathroom has also been updated with a tiled shower, ceramic tile flooring, vanity, mirror, and lighting. The location also offers convenient access to shopping, dining, major roadways, and Central Florida attractions, including SeaWorld, Universal Orlando, Walt Disney World, and downtown Orlando destinations such as the Dr. Phillips Center for the Performing Arts and Kia Center. Commuters will appreciate quick access to 417, 528, the Florida Turnpike, and the nearby SunRail station located approximately 6 minutes from the home. With inviting indoor spaces, a screened pool, peaceful green-space views, and a convenient Orlando-area location, this home delivers comfort, connection, and everyday ease. Schedule your private showing today!
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.
