5 (+/-) PRIVATE ACRES IN DESIRABLE CLERMONT|NO HOA|NEW ROOF|ONLY TWO OWNERS|MOTHER-IN-LAW SUITE|RENOVATED KITCHEN AND UPDATED BATHROOMS|DETACHED 920 SQ. FT. TWO-STORY DRIVE-THROUGH FLEX BUILDING|RV PARKING WITH HOOKUP|ROLLING PASTURE VIEWS|MAJESTIC OAK TREES If you have been searching for room to breathe, room to grow, and room to create your own vision of country living, this one-of-a-kind 4.86-acre property with no HOA in Clermont, FL may be the property you’ve been waiting for — Welcome home! Lovingly maintained by only two owners throughout its history, this custom-built 4-bedroom, 3-bath home offers 2799 sq. ft. of thoughtfully designed living space that blends comfort, flexibility, and functionality. At the heart of the home, the beautifully renovated kitchen features elegant cabinetry, gleaming quartz countertops, and abundant workspace for everyday living and entertaining. Updated bathrooms throughout the home provide modern comfort, while the spacious primary suite serves as a private retreat with a spa-inspired bathroom and a unique walk-in closet that also functions as a secure safe room. The flexible floor plan includes multiple living areas — formal living, dining spaces, and a private mother-in-law suite — making it ideal for multigenerational living, extended family, guests, or dedicated work from-home space. A bonus space located within the oversized-attached garage can be used as a craft room or storage. Step outside and imagine the possibilities — create your dream outdoor entertaining space, start a hobby farm, or simply relax and take in the beauty of the majestic oak trees and peaceful surroundings. In addition to the main residence, the property offers a detached 920-sq.ft., two-story drive-through flex building constructed of cinder block and stucco that is equipped with electricity, water, four windows, four new skylights, a wall unit A/C, two ceiling fans, and an attic/exhaust fan. The building is perfect to create a workshop, hobby space, recreational storage, or future customization. The property also features an RV parking space with hookup, and the potential to restore three additional spaces. The current owners have completed numerous upgrades throughout their ownership, creating a beautiful foundation for the next owner to personalize and continue enhancing the special property. Improvements made that add peace of mind, include a new roof (2025), wide luxury vinyl planks added throughout the home (2021), a water softening system (2021), and septic tanks pumped and serviced (2026). Fencing and gate with remote opening along the road frontage, and a privacy fence bordering a neighboring property provide additional privacy and functionality. Located in the Sugarloaf Mountain Corridor, one of Central Florida’s most sought-after rural areas, this property offers convenient access to shopping, dining, hospitals, local boating and cycling attractions, and access to the Florida Turnpike. Orlando, Sea World, Disney World, and various theme parks are only 35 minutes away. Properties that offer this combination of acreage, privacy, versatility, and convenience are becoming increasingly hard to find.
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.
