LOOK NO FURTHER — YOUR SLICE OF HEAVEN AWAITS! NO BOND! Welcome to GOLF-LOVERS dream home on the ORANGE BLOSSOM HILLS CHAMPIONSHIP GOLF COURSE, where every detail has been thoughtfully updated. This MOVE-IN READY 2 BED / 2 BATH home sits on the treed, historic side of THE VILLAGES and offers PANORAMIC FAIRWAY VIEWS that will take your breath away! Step inside this FRESHLY PAINTED, TURNKEY RETREAT, complete with LOVELY FURNISHINGS and a FOUR-SEATER Yamaha Gas GOLF CART — just bring your clothes! Enjoy newer LUXURY VINYL PLANK FLOORING THROUGHOUT (NO CARPET) and VAULTED CEILINGS that make the space bright and airy. Stay COOL & COMFORTABLE with the BRAND-NEW HVAC (2025), and enjoy COMFORT HEIGHT TOILETS and an ENERGY-EFFICIENT HEAT PUMP. The KITCHEN SHINES with updated PEARLY CABINETRY, a center BREAKFAST BAR, and ALL COOKWARE, DISHES & UTENSILS INCLUDED. Relax in the FLORIDA ROOM overlooking the golf course — your own private sanctuary for morning coffee, a panoramic GOLF COURSE VIEW, smoking your CIGAR with SUNSET cocktails. The PRIMARY SUITE features an UPDATED EN SUITE BATH WITH GLASS-ENCLOSED SHOWER, while the GUEST BEDROOM offers flexibility for visitors, crafts, or an office. Outside, enjoy an OVERSIZED GOLF CART GARAGE with rear entry from the course, plus a WORKSHOP/STORAGE AREA. MATURE LANDSCAPING adds privacy and curb appeal. You’re just minutes from SPANISH SPRINGS TOWN SQUARE, POOLS, REC CENTERS, and WORLD-CLASS AMENITIES — golf, pickleball, tennis, clubs, and nightly entertainment. The PARADISE REC CENTER is being completely renovated and will be better than ever! Easy access to HWY 441/27 leads you north to OCALA or south to LEESBURG & MOUNT DORA, where you can cruise the scenic DORA CANAL and enjoy waterfront dining. COME LIVE THE LIFESTYLE YOU DESERVE — COMFORT, BEAUTY & RELAXATION IN THE HEART OF THE VILLAGES! What are you waiting for, make an appointment to see this in person or by video!
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.
