Welcome home to this light, bright, and spacious 3 bedroom, 2.5 bath home complete with a loft and a 2 car garage. Once you enter you are greeted by the generous foyer which will lead you to the open concept kitchen & living area. The kitchen features an oversized island, solid wood cabinetry, spacious pantry, and a complete stainless steel appliance package, including a natural gas range. There's a convenient and elegant half bath downstairs for guests. The kitchen is open to the casual dining area and cozy living room. The custom built in features plenty of storage and is highlighted with an electric fireplace. The primary bedroom is located on the lower level with an ensuite bath, spacious shower, dual sinks, a separate water closet, and a large walk-in closet. Upstairs there's a loft that could be used as an office, play area, or just a nice place to relax. There are two oversized bedrooms each with walk-in closets with a generously sized linen closet between them. The upstairs bathroom is shared between the bedrooms and has a shower/tub combo. In the backyard you will find an upgraded oversized paver patio to entertain and enjoy the outdoors. The yard is fully fenced which works great with children or pets alike. Conveniently located off the garage entry, you will find the laundry room with washer and dryer included. Additional upgrades include a NEW ROOF in 2026 & a tankless GAS water heater. The Community of Connerton is a master-planned community with a balance of Nature preserve and community lifestyle. The nature preserve features bike trails, lakes, and wetlands while the lifestyle community features a splash park, a resort-style pool, fitness center, Connertown Cafe, Kidz Zone, beach volleyball, basketball, pickleball, and a lifestyle coordinator that fills the monthly calendar with fun for all ages. Plus this is a golf cart friendly community! With low HOA and CDD fees this home is ready for you to call it home.
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.
