WELCOME to this stunning 4-bedroom, 2.5-bathroom home offering 2,931 square feet of thoughtfully designed living space, perfectly situated on a premium conservation lot across the street from a park, with a green space on the right and overlooking a peaceful and picturesque inlet off Lake Burnett. Framed by majestic oak trees draped in Spanish moss, the setting provides both privacy and breathtaking natural beauty. As you enter, you are greeted by an elegant dining room featuring a custom accent wall, setting the tone for the home’s stylish design. Double doors to the left open into a versatile office or flex space, ideal for working from home or creating a quiet retreat. The entire first floor showcases tile flooring, combining durability with a clean, polished look. Toward the back of the home, the kitchen and great room are perfectly positioned to capture serene views of the screened lanai, the beautifully landscaped yard, tranquil inlet and majestic oak trees. The spacious kitchen features 42-inch cabinets, a large kitchen island, and stainless steel appliances, creating a functional and inviting space ideal for both everyday living and entertaining. The seamless flow into the great room enhances the open-concept design, making it the true heart of the home. Natural light pours in through numerous windows, each enhanced with custom window casings, while crown molding throughout the home adds a refined architectural touch. As you make your way upstairs, you’ll notice decorative wall niches accented with molding that beautifully matches the window casings, adding character and architectural interest to the space. Upstairs, luxury vinyl plank flooring extends seamlessly through the game room as well as all of the bedrooms and closets, offering both style and functionality. The spacious primary suite is a true retreat, complete with a charming bench window seat. The en suite bathroom features a walk-in shower, double vanities, soaking tub, and a generously sized walk-in closet. The additional bedrooms are impressively sized, with two offering walk-in closets, providing ample storage for family and guests. Step outside to enjoy Florida living at its finest on the screened lanai, overlooking the serene inlet and lush landscape. The fully fenced yard features an aluminum fence with gates on both sides, blending security with unobstructed views of the natural surroundings. The exterior has been freshly painted, and the home includes a new water heater, gutters with premium LeafGuard protection, and is pre-wired for a security system for added peace of mind. Located in the highly desirable gated community of Hickory Hammock, residents enjoy resort-style amenities including a swimming pool, sand volleyball court, playground, tennis courts, a 3,600-square-foot clubhouse with catering kitchen and meeting spaces, as well as a community park. This home beautifully combines elegant style, comfort, and a one-of-a-kind setting. Don’t miss the opportunity to make 15665 Citrus Harvest your HOME!
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.
