Looking for space? This 4 bedroom, 2 full and 1 half bath home with a full 3 car garage on 1.31 acres is waiting for you. That's right, over one acre of land in Parrish in the Foxbrook Community! Recent improvements can be found throughout: roof was replaced in 2021, HVAC replaced in 2022, exterior Doors replaced in 2023, hurricane impact windows and new hurricane impact triple slider in the Family Room installed in 2025, septic pumped March 2026, and a whole home generator is ready for use. Home features a separate Living and Dining Room space when you enter, then you will step into the open concept Kitchen (with new granite countertops!) and Family Room area. Just off the Kitchen you find the interior Laundry Room with utility sink hook-up in place. Home has a split bedroom plan that features a large Primary Suite with two walk-in closets before the en-suite bathroom, which has a new vanity, fixtures, and valves under the sink. The guest bathrooms also have new vanities, fixtures, and valve replacements. The third guest bedroom has its own half bath with an exterior door, leading out to the fenced backyard and your future pool space. Also outside, there is a 1100 square foot screen-enclosed patio to enjoy the Florida evenings by the fire pit, overlooking the pond. An irrigation well is in place to help keep your lawn looking green year-round. Outside the home itself, the Foxbrook community is thriving! The new Rye Elementary School, across the street from Foxbrook, is set to be finished in time for the 26/27 school year. For fishing enthusiasts, Foxbrook holds an annual fishing tournament at their ponds, which you may find bass or tilapia in. There is a community playground, gazebo, and basketball court at the main entrance. Don't miss out on this beautiful home, schedule your showing today!
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.
