BRING ALL OFFERS *** BRAND NEW HVAC and HWH installed 12/25*** Welcome to The Villages lifestyle at its finest! This stunning 3 bedroom 2 bathroom Grantham Courtyard Villa offers the RARE END UNIT CORNER LOCATION with a MASSIVE PRIVATE COURTYARD where there’s plenty of room for your dream pool installation, birdcage, outdoor kitchen….the possibilities are endless. Step inside to discover an incredibly OPEN FLOOR PLAN showcasing gorgeous QUARTZ COUNTERTOPS. The kitchen features sleek BLACK STAINLESS STEEL appliances and flows seamlessly into the spacious living areas perfect for entertaining. The primary bedroom retreat includes an EN SUITE BATH, generous WALK-IN CLOSET, and french doors opening directly to your own SCREENED LANAI with CHATTAHOOCHEE RIVER ROCK FLOORING. Two additional bedrooms provide flexibility for guests or a home office while the convenient INSIDE LAUNDRY adds to everyday comfort. Outside, the incredible COURTYARD is limited only by your imagination. It’s already a lovely space with established professional landscaping, decorative curbing for minimal upkeep, and some grass for your pets' comfort . There's ample space for that dream pool you've always wanted PLUS room for an additional GOLF CART GARAGE to store all your Villages essentials. The 1.5 CAR GARAGE provides excellent storage while SOLAR PANELS help keep those Florida electricity costs manageable year-round. This BLOCK AND STUCCO construction ensures durability and low maintenance living. The Village's amenities are at your doorstep including championship golf courses, recreation centers, shopping, dining and endless entertainment options. Don't miss this exceptional END UNIT opportunity in America's premier active adult community where every day feels like vacation! ROOF REPLACED 2021. HVAC 2025. LOW LOW BOND BALANCE 2,517.72
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.
