Welcome to 2000 Page Ave, a charming and thoughtfully updated 3-bedroom, 1.5-bath bungalow in one of Orlando’s most convenient and connected locations. This home blends historic character with practical modern upgrades, featuring LVP FLOORING THROUGHOUT, updated electrical and plumbing, extra attic insulation, a TANKLESS GAS WATER HEATER, newer dishwasher and refrigerator, a 1-YEAR-OLD AC, and a roof that is only 6 YEARS OLD. The inviting front porch opens into a bright and flexible interior with multiple living, dining, and work-from-home spaces, while the updated bathroom offers a spacious glass-enclosed walk-in shower and dual-sink vanity. The kitchen provides stainless steel appliances, gas/tankless efficiency, and easy access to the laundry and utility area. Out back, the home truly shines with a NEW TREX DECK overlooking a HUGE FENCED BACKYARD, complete with a wide gate for boat, trailer, or extra storage access. A detached 22’ x 10’ building with power and ethernet hookup adds incredible versatility as a home gym, office, studio, workshop, or creative space. Located near the highly desirable SoDo / Hourglass / Curry Ford West area, this home puts you close to local restaurants, breweries, coffee shops, food trucks, schools, and neighborhood favorites. Enjoy easy access to Hourglass Brewing, Foxtail Coffee, F&D Woodfired Italian Kitchen, Claddagh Cottage, À La Cart SoDo, Lake Como K-8 School, Boone High School, SODO, the Milk District, downtown Orlando, and major commuter routes. With major systems already addressed, flexible indoor space, and a backyard built for entertaining, storage, and everyday living, this property offers a rare combination of charm, updates, lifestyle, and location in the heart of Orlando.
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.
