Welcome to 1841 Wilson Prairie Circle-where space, flexibility, and modern upgrades come together in one exceptional home. Built in 2021 and thoughtfully enhanced since, this expansive 6-bedroom, 3-bathroom residence is designed to meet the needs of today’s buyers. Whether you’re accommodating a growing household, hosting long-term guests, or creating dedicated work-from-home space you will appreciate the layout. A full bedroom and bathroom on the main floor provides the perfect setup for multi-generational living, guest privacy, or a private office tucked away from the main living areas. Upstairs, generously sized secondary bedrooms provide flexibility for family, guests, or hobbies—each offering comfortable, functional space rather than the typical “box” rooms. The primary suite serves as a true retreat, offering ample room to unwind at the end of the day. From the moment you arrive, you’ll appreciate its prime cul-de-sac location and oversized lot, offering both privacy and endless outdoor potential for your Florda oasis. Inside, the home features upgraded luxury vinyl flooring and a layout designed for both everyday living and entertaining. The kitchen and living areas flow seamlessly, with under cabinet lighting and surround sound pre-wiring already in place—ideal for movie nights or hosting guests. Step outside to a large backyard with room for a pool, outdoor kitchen, or anything you can imagine, plus a patio already wired for in-ceiling speakers to elevate your outdoor experience. What truly sets this home apart are the thoughtful upgrades you won’t find in most new construction: a reverse osmosis system, water softener, full security system, rain gutters, window blinds, and a rear sprinkler system that is an added convenience not commonly included in neighboring homes. Even better, the washer and dryer are included, making this home truly move-in ready. The location can't be beat either as it is located in a community with low HOA fees, zoned for highly rated schools, and close to all the restaurants, shopping and medical centers beautiful Clermont offers. This home offers both value and lifestyle in one of the area’s most desirable settings. This property may be under audio/visual surveillance.
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.
