Holiday Bonus Alert! BUYERS- For a limited time, we’re making your home-buying season even brighter! Submit a qualified contract by December 15th and close by January 15th to receive an exclusive $5,000 Holiday Concession Gift at closing. Use it toward closing costs or rate buy-down—your choice! This is the perfect opportunity to step into your new home and step into savings. Stylish Family Home in Winter Garden’s Most Sought-After Zip Code! Welcome to 16250 Fire Dragon Dr. — a stunning, move-in ready home perfectly designed for modern family living! Located in one of Winter Garden’s most desirable school districts, this home blends comfort, style, and convenience in every detail. Step inside to a bright, open-concept floor plan that’s perfect for entertaining or everyday family life. The heart of the home is the chef-inspired kitchen, featuring upgraded cabinets, granite countertops, a large island, and a gas stove that makes cooking a pleasure. Downstairs you’ll also find a flex room—perfect for a home office, craft space, or easily converted into a fourth bedroom—and a convenient guest half bath. The elegant staircase leads you to the second level, where you’ll discover three spacious bedrooms, two full baths, and a versatile loft ideal for a playroom, home theater, or quiet retreat. Relax and unwind in the luxuriously upgraded bathrooms showcasing sleek quartz countertops and modern finishes. Enjoy effortless indoor-outdoor living with a covered back porch, perfect for morning coffee or evening gatherings. The two-car rear-loading garage adds convenience and curb appeal. Just steps away, enjoy the resort-style community pool, playground, and beautiful neighborhood parks. This prime location puts you near everything families love about Winter Garden—top-rated schools, Hamlin Town Center, restaurants, shops, a movie theater, and everyday conveniences like Publix, just five minutes away! Easy access to major highways makes commuting a breeze—you’re only minutes from Disney, Windermere, and all of Central Florida’s top attractions. Your dream home awaits at 16250 Fire Dragon Dr.—where modern living meets family comfort! buyer/Buyers Agent to check all measurements
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.
