Like-New 2023 DR Horton Masterpiece in Barrington – Saint Cloud! 5 Bedrooms + Loft | 3 Full Baths | Freshly Painted & New Carpets | No CDD | Low HOA Discover modern comfort in the sought-after Barrington community! This 2023-built two-story DR Horton home feels brand new with fresh interior paint and plush new carpets throughout — ready for you to move right in and make memories! Bright & Open Living Spaces ?? Enjoy an airy open-concept design with a true split-bedroom floor plan that floods every room with natural light. Perfect for relaxed family life or hosting friends! Chef's Dream Kitchen ?? • Gleaming solid granite countertops • Clean white cabinetry • Premium upgraded stainless steel appliances • Huge center island with plenty of seating • Ample walk-in pantry storage It opens beautifully to the dining and living areas, complete with durable tile flooring, stylish modern pendant lighting, and wide-open views — entertaining has never been easier! Chef's Dream Kitchen ?? • Gleaming solid granite countertops • Clean white cabinetry • Premium upgraded stainless steel appliances • Huge center island with plenty of seating • Ample walk-in pantry storage It opens beautifully to the dining and living areas, complete with durable tile flooring, stylish modern pendant lighting, and wide-open views — entertaining has never been easier! Your Private Primary Sanctuary ?? Upstairs retreat with brand-new plush carpet, a soothing modern ceiling fan, tons of natural light, and a bold geometric accent wall for that wow factor. The spa-inspired en-suite bath includes: • Dual-sink vanity with elegant stone counters • Updated cabinetry • Expansive walk-in shower featuring glass enclosure, floor-to-ceiling tile, and chic decorative details • Versatile Upstairs Living Three spacious additional bedrooms share a full third bath — ideal for siblings, guests, a home office, or hobby space. The loft provides extra room for play, study, or lounging! • Amazing Outdoor Escape ?? Your fully enclosed and fenced backyard boasts a large patio perfect for outdoor fun, plus beautiful well-maintained landscaping that makes the home shine from the street. Fantastic Location ?? • Super convenient to Narcoossee Road • Easy drive to Lake Nona, major highways, shopping, restaurants, and excellent schools • No CDD fees + low HOA — keep costs down! This freshly updated, turnkey home is practically brand new and bursting with upgrades. It's the perfect spot for your next chapter — don't wait, schedule your private tour today! this beauty it’s what you were looking for to call home! Buyer is responsible for their own due diligence, including but not limited to verifying HOA information, community rules, square footage, lot size, room dimensions, and taxes.
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.
