Welcome home to 15941 Greater Groves Blvd — an updated, move-in ready home where thoughtful upgrades and a functional layout come together in a way that just feels right from the moment you walk in. Located in the established Greater Groves community in Clermont, this well-maintained 3-bedroom, 2-bathroom home with a dedicated flex/office space offers a layout that feels both functional and easy to live in. From the moment you walk in, you’re greeted by vaulted ceilings and a bright, open layout that allows the main living spaces to flow seamlessly together. The kitchen overlooks the living and dining areas, making it easy to stay connected whether you're hosting friends or just enjoying a quiet night at home. Granite countertops, a modern backsplash, and natural gas cooking bring both style and functionality to the space. The split floor plan provides privacy where it matters most, with the primary suite tucked away on one side of the home. On the opposite side, you’ll find the additional bedrooms along with a versatile flex space that can easily adapt to your needs — whether that’s a home office, playroom, or a dedicated work-from-home setup. Luxury vinyl plank flooring runs throughout the home, creating a clean, cohesive look while keeping maintenance simple. One of the standout features is the living room’s stone-accented fireplace wall, adding warmth, character, and a true focal point to the space. Step outside to the screened-in lanai — perfect for relaxing at the end of the day or enjoying Florida living year-round. The spacious backyard offers plenty of room to make it your own, whether you’re thinking about entertaining, adding outdoor features, or simply enjoying the extra space. Additional updates include a new roof, offering peace of mind for years to come. Conveniently located in Clermont just minutes from shopping, dining, major roadways, and Central Florida attractions, Greater Groves also offers community amenities including a pool, playground, and recreational areas—all with a low HOA. If you’ve been looking for a well-maintained home with updates, flexible space, and a layout that fits real life, schedule your private showing today and see everything this home has to offer!
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.
