***LOCATION**LOCATION**LOCATION** WALKING DISTANCE TO BEVIS ELEMENTARY MEANS NO CAR LINES! BRAND NEW ROOF!!! A/C replaced in 2024 and serviced monthly AND semi annually since. Experience the perfect blend of comfort, style, & thoughtful design in this stunning 4-bedroom, PLUS office, 3-bathroom home featuring a highly desirable triple split floor plan situated on a very private, large corner lot WITH A POOL! No carpet will be found in this house! However, beautiful hardwood flooring enhances the formal living/dining areas & office while luxury vinyl plank flooring flows throughout the bedrooms & main living spaces. Upon entering, you are welcomed by a stylish formal living & dining space highlighted by statement lighting that sets the tone for the home’s inviting atmosphere. The private primary suite is tucked away for ultimate relaxation & features elegant French doors leading to the screened lanai, a spacious en suite bathroom with a garden tub, walk-in shower, dual vanities, private water closet, & a large walk-in closet conveniently located just off the bath. Two additional bedrooms share a bathroom in their own wing, while a secluded fourth bedroom & bath at the back of the home also serves as the pool bath, with a door leading directly to the pool deck—perfect for guests and outdoor entertaining.The kitchen & family room truly form the heart of the home, designed for gathering and everyday living. The kitchen boasts 42" cabinets with crown molding & hardware, subway tile backsplash, granite countertops, & a dreamy single-basin granite sink, along with an oversized bar area that provides abundant seating & a natural gathering place. All kitchen appliances convey! The family room is anchored by a built-in electric fireplace, creating a warm & cozy focal point. A unique design feature is the absence of sliding glass doors—instead, elegant French doors lead to the lanai, enhancing the home’s architectural charm. Plantation shutters adorn every window, & all window treatments convey.Step outside to a backyard designed for year-round entertaining. Enjoy surround sound, an extended roof over the lanai for added shade & comfort, & a heated gas pool & spa within a separate screened enclosure. An extended pavered patio connects the spaces seamlessly, and is shaded by mature oak trees creating the ultimate Florida outdoor living experience. Don't miss the side entry, 3 ccar garage complete with EV Charger (30 amp)! Located in the award-winning community of FishHawk Ranch, this home is within walking distance to restaurants, a daycare, and one of Florida’s top-rated elementary schools, as well as the Osprey Club at FishHawk Ranch, which features a fitness center, splash pad, Junior Olympic-size pool, basketball courts, and tennis courts. Residents also enjoy four major clubhouse amenities, 30+ miles of walking and biking trails, dog parks, clay tennis courts, pickleball courts, multiple fitness centers, and resort-style pools including the exciting FishHawk Ranch Aquatic Club with its signature water slide.Nestled just inside the main entrance to FishHawk Ranch, this gated enclave of Eagle Ridge is known for its majestic mature oak trees, charming scale, and exclusive feel, making it one of the most desirable neighborhoods in the community.This home truly offers elegant living, exceptional functionality, and an unbeatable lifestyle. Come see why everyone loves FishHawk Ranch! 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.
