Leave the snow shovel behind and step into a lifestyle of permanent sunshine, tranquil lakefront views, and true independence. Set on a peaceful lake in St. Johns County, this exceptional estate is a masterclass in freedom living—pairing Florida's favorable tax advantages with the confidence of a high-efficiency, fully integrated solar power system designed for self-sufficiency. An assumable loan at 2.25% further enhances the appeal of this exceptional offering. Designed for those who believe life is best lived outdoors, the .35-acre lakefront sanctuary features a sprawling, fully fenced backyard—a private retreat where pets can roam freely while you enjoy a January morning swim in the shimmering saltwater pool. As the sun sets over the water, relax on the extended paver patio, unwind in the bubbling spa, and host unforgettable evenings in the full summer kitchen. Whether gathered around the propane fireplace in the covered lounge or watching the game on the outdoor TV, this self-sustaining resort quietly powers your lifestyle while nature provides the backdrop. Inside, the transition from recreation to rest is effortless. Architectural mastery takes center stage with soaring coffered ceilings and a custom stone fireplace anchoring the grand great room. The expansive floor plan offers remarkable versatility with six spacious bedrooms and four full baths, delivering the rare luxury of a home that adapts as your life evolves. Create multiple dedicated home offices, a private guest wing, a media room, or a personal fitness studiothis residence flexes to meet your vision. From the five-star elegance of the Owner's Suite to the vibrant MuraBella community amenities just steps away, this is more than a moveit's a permanent vacation. Don't let your dream of year-round summer belong to someone else. Schedule your private tour today and experience the peace, privacy, and independence you've been searching for. Night photo of the back grill area is AI-generated for visual effect.
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 © 2026 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.
