BACK ON THE MARKET! OVER $38,000 WORTH OF SOLAR FOR FREE! Experience true Florida luxury living in this beautifully designed open floor plan home that delivers comfort, function, style, and location all in one. Located in a prime corridor not too far from the Turnpike and near major highways, you’ll enjoy quick access to Orlando, Clermont, shopping, dining, parks, and more — making everyday convenience effortless. Step inside to a bright and modern interior featuring granite countertops throughout the home, 42” upgraded kitchen cabinets, and a sleek entertaining island that creates the perfect gathering space. The primary bathroom feels like a spa retreat with a premium Kohler rainfall shower. The laundry room is also upgraded with cabinets and includes a high-end washer and dryer. There is carpet in one bedroom only. Enjoy indoor-outdoor living with both a screened-in front porch AND a screened-in back porch — ideal for morning coffee, relaxing evenings, or entertaining guests. The vinyl fenced backyard offers privacy, space, and flexibility for pets or gatherings. You also have a green open area right in front of the home — perfect for picnics, guests, and peaceful views. Plus, this property includes solar panels already installed, providing energy savings and efficiency every month. This community offers true resort-style amenities including a large pool, playground, dog parks, and a dock area for outdoor enjoyment. Everything you need to live a high-quality Florida lifestyle is right here — comfort, upgrades, efficiency, and location. This is the type of home that immediately feels like an upgrade the moment you step in. This home blends luxury finishes, modern features, and low-maintenance living into one exceptional opportunity. Homes like this — in this location — do not come available often.
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.
