NEW PRICE! AMAZING UPDATES! Flooring, kitchen, and baths! Located in a quiet cul-de-sac in sought after Eagle Harbor, this turnkey home is a must see. An extensively landscaped yard and mature trees welcome you to this great property. The formal dining room graces the front of the home and features crown molding. The dining room flows into the large formal living room which also offers decorative crown molding. The cook's kitchen provides an abundance of counter and cabinet space, updated appliances, a breakfast bar, granite counters and a pantry. An informal dining room is located off the kitchen. The spacious family room is situated in the back of the home and offers views of the backyard, a ceiling fan and a wood burning fireplace. The family room also offers access to the large, screened lanai. The split bedroom floor plan offers great flexibility. The master suite offers a large bedroom with tray vault ceiling, a ceiling fan, and a bayed sitting area that overlooks the backyard and offers access to the lanai. The master bathroom offers ceramic tile flooring, dual vanity, dual walk-in closets, a soaking tub and a separate shower. Located on the opposite side of the home are three additional bedrooms, all with ceiling fans and ample closet space. An updated bathroom is located off one bedroom, and features dual vanity, an oversized shower and a linen closet. An updated powder room is located off the dining room and is perfect for guests. A laundry room that leads to the garage completes this home. Additional features: " Updated luxury vinyl plank flooring through most of the home " Private wooded backyard " Large paver patio " 2 car garage with storage above " Eagle Harbor amenities include pools, tennis & pickle ball courts, walking trails and much more " Eagle Harbor is also a golf course community
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.
Data provided is deemed reliable but is not guaranteed. The data relating to real estate for sale on this website comes in part from the Northeast Florida Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.
