**PRIVACY and OPEN SPACE define this ORIGINAL-OWNER POOL HOME** RARELY does a property combine OPEN green VIEWS BEHIND the home, added SEPARATION from neighboring residences, and a TRUE neighborhood FEEL as effortlessly as this one. Thoughtfully positioned in Phase 6 in the HIGHLY SOUGHT-AFTER Greater Pines community, the setting offers a sense of CALM and OPENNESS that’s increasingly difficult to find in ESTABLISHED Clermont neighborhoods. Inside … vaulted ceilings and abundant NATURAL LIGHT enhance the open, SPLIT-BEDROOM layout. Multiple living and dining areas—including formal dining space and a breakfast nook—FLOW NATURALLY around the kitchen, creating an EASY SETTING for both daily LIVING and ENTERTAINING. Large windows and double French doors from both the family room and the primary bedroom, open to a spacious backyard retreat featuring a RECENTLY REFINISHED, gas-HEATED POOL, SCREENED enclosure, and LARGE UNDER-ROOF LANAI, offering true indoor-outdoor living. The primary suite is PRIVATELY situated and GENEROUSLY sized, complete with an ENSUITE BATH featuring a WALK-IN CLOSET and a large GARDEN TUB, perfect for unwinding at the end of the day. Secondary bedrooms and a full BATH WITH POOL ACCESS are located on the opposite side of the home, offering PRIVACY and functionality for family or guests. Residents of Greater Pines enjoy a WELCOMING neighborhood ATMOSPHERE with sidewalks and ROLLING HILLS ideal for SCENIC, invigorating WALKS, along with a beautiful community pool, tennis courts, and a playground. The community is THOUGHTFULLY SIZED—large enough to explore and enjoy, yet intimate enough to feel connected rather than overwhelming. CONVENIENTLY LOCATED in Clermont 34711, the home offers easy access to shopping, dining, healthcare, Highway 27, and the Florida Turnpike, providing efficient travel throughout Central Florida, including Orlando and MCO. RECENT UPDATES & IMPROVEMENTS INCLUDE ... 2025 • New roof and gutters (March) • New kitchen garbage disposal (January) • New garage door opener (May) • New microwave (July) • Upgraded sprinkler system with 1-year warranty (September) • New front storm door (December) • All new exterior door locks (December) • New commode in guest bath (December) • All new window blinds (December) 2024 • Swimming pool completely refinished (February) • New bathroom sinks (June) • New bathroom faucets • New bathroom light fixtures 2023 • Natural gas pool heater installed • 10×16 Tuff Shed added 2020 • Luxury vinyl plank flooring installed in kitchen, laundry, living room, dining room, hallway, and guest bath (August) • Screened pool enclosure completely rebuilt (October) • Exterior and pool deck painted with Sherwin-Williams paint (August) 2016 • Carrier 4-ton, 14-SEER A/C system installed (September) Additional Features • 25 years of continuous Massey termite protection PLUS a TRANSFERRABLE TERMITE BOND • Dedicated 50-amp RV plug • Custom-built barn doors • Black kitchen appliances and sink • Ceiling fans in all bedrooms, living room, and office • Security system with four hard-wired exterior cameras
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.
