**HURRY—THIS ONE WON’T LAST!** **Beautiful 2 Bedroom, 2.5 Bathroom END-UNIT Townhome with LOFT & WOOD-BURNING FIREPLACE & GARAGE!** No Rear Neighbor! **Step into this charming, move-in ready townhome featuring a **BRAND-NEW ROOF (1/2/2025)** and exceptional curb appeal with unique palm trees and lush landscaping that warmly welcomes you home. As you enter, you’ll be greeted by gleaming **wood flooring**, an airy **vaulted ceiling**, and a bright, open living space. The standout feature is the stunning **sunken great room** with a **wood-burning fireplace**—a rare find and the perfect spot to unwind. Relax for hours in your **peaceful screened-in patio**, complete with a ceiling fan and surrounded by tranquil greenery. The kitchen offers upgraded countertops, ceramic tile flooring, a window overlooking the landscaping, a breakfast bar, and a **NEW microwave**. A convenient **half bath** sits just off the kitchen. This home comes with **ALL appliances**, including a **NEW washer & dryer** located in the attached **1-car garage** with private driveway space. Enjoy **NEW interior paint**, **NEW carpet**, and **NEW ceiling fans** both upstairs and down—truly move-in ready! Upstairs, the spacious **Primary Suite** boasts a walk-in closet, private balcony, and en-suite bath. The airy **LOFT** is the perfect flex space—home office, reading nook, or creative area. The second bedroom is generously sized with a bright sunny window, new carpet, and a ceiling fan. The desirable **Royale Bermuda** community features a **sparkling pool** and **tennis court**, all included with **LOW HOA dues of only $160/month**—and **NO CDD fees**! The HOA is active, well-managed, and helps keep the community looking great. **LOCATION IS EVERYTHING!** Just minutes from Osceola Parkway with direct routes to the **Disney Parks**, quick access to major Central Florida highways, two hospitals are located close by, with medical centers, and a variety of shopping centers, dining, and entertainment options. All just minutes from all of the action in the Orlando/Kissimmee corridor! This is your chance to own an affordable, well-maintained Florida townhome in a prime location. **Don’t miss out—homes like this go FAST. 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.
