VALUE PRICED POOL HOME in Oak Grove / West Melbourne, NOW FOR SALE! This ''Move in Ready'' 4 bedroom + OFFICE, 2 bath, 2 car garage home with a beautiful in-ground / screened pool. Featuring a great floor-plan with Formal Dining & Office at entry, a large family room with vaulted ceiling & decorative plant ledge. The breakfast nook is open to the kitchen w/ solid wood cabinets, Corian countertops, pantry, & step up breakfast bar too. Enjoy a split bedroom plan w/ large owners suite and deluxe owners bathroom with soaking tub, walk in shower, dual sink vanity, 2 walk in closets & separate water closet. New updates throughout: wood laminate flooring, interior painting, New roof & gutters in 2023, new windows 2025, hurricane acordia shutters, 2021 TRANE HVAC, contemporary exterior lighting, & new pool screen & resurfacing in 2022. Fully fenced in yard to enjoy your private pool oasis. Other: ceiling fans, plantation shutters in main areas, sprinkler system, Ring & security cameras Stunning Value-Priced Pool Home in Oak Grove / West Melbourne - Now for Sale! Step into this immaculate, move-in ready 4-bedroom, plus office and 2-bath, 2-car garage home, perfectly nestled in the sought-after Oak Grove community of West Melbourne. A true gem, this property offers an exquisite in-ground, screened pool that promises your own private oasis. Whether you're hosting guests or enjoying quiet time, this space is sure to impress. Key Features & Upgrades: Spacious Layout: Enter into a formal dining area and a private office perfect for remote work. The expansive family room boasts vaulted ceilings with a charming decorative plant ledge that elevates the room's atmosphere. Gourmet Kitchen: The chef's kitchen is fully equipped with solid wood cabinets, Corian countertops, a spacious pantry, and a convenient breakfast bar, all open to a bright and airy breakfast nook. Split Bedroom Plan: The oversized owner's suite is a true retreat, offering dual walk-in closets and a luxurious owner's bathroom featuring a soaking tub, walk-in shower, dual sink vanity, and a private water closet. Upgrades Galore: New Roof & Gutters (2023) Hurricane Accordia Shutters for quick storm prep 2021 TRANE HVAC System New Pool Screen & Resurfacing (2022) Fresh Interior Paint & Wood Laminate Flooring Contemporary Exterior Lighting Private Pool Paradise: The home boasts a fully fenced yard, ideal for enjoying your screened-in pool and soaking in the sunshine in complete privacy. Additional Features: Ceiling Fans in key areas Plantation Shutters throughout main living areas Ring Doorbell & Security Cameras for peace of mind Sprinkler System to keep the landscape lush and green This home blends comfort, convenience, and quality upgrades, making it an unbeatable value in the Oak Grove / West Melbourne area. Don't miss your chance to own this perfect family home with all the luxury you deserve--schedule your 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.
