Welcome to 2160 Preston Lane, a beautifully maintained 4-bedroom, 2-bathroom home located in the highly desirable Eagle Lake community of Kissimmee. Built in 2019 and offering 1,677 square feet of thoughtfully designed living space, this move-in-ready residence combines modern finishes, energy-efficient features, and an unbeatable Central Florida location—perfect for families, first-time homebuyers, relocations, or investors seeking long-term value. One of this home's most valuable features is its owned solar panel system, which the seller will pay off in full at closing. This means the new homeowner will enjoy the long-term benefits of significantly reduced monthly electricity costs without assuming any solar loan or additional financial obligation. It's a rare opportunity to own an energy-efficient home that delivers immediate monthly savings while helping reduce your environmental footprint. Step inside to discover a bright and open floor plan filled with natural light and designed for comfortable everyday living. The spacious kitchen serves as the heart of the home, showcasing rich brown cabinetry with crown molding, stainless steel appliances, a stylish tile backsplash, a dedicated kitchen exhaust fan, and generous counter space ideal for cooking, entertaining, and gathering with family and friends. Ceramic tile flooring throughout the main living areas provides both elegance and durability, while plush carpeting in the bedrooms creates a warm and inviting retreat. Built with efficiency and convenience in mind, this home also features Low-E energy-efficient windows, a 2019 roof, and a 2019 HVAC system, providing year-round comfort and peace of mind. Smart home upgrades include a video doorbell and three exterior security cameras, offering enhanced security and modern functionality. Outside, enjoy your private, fully fenced backyard with premium white vinyl fencing and a covered lanai—an ideal setting for outdoor dining, weekend barbecues, or simply relaxing while enjoying Florida's beautiful weather. Living in Eagle Lake means enjoying a true resort-inspired lifestyle. Residents have access to two community swimming pools, a clubhouse, tennis courts, pickleball courts, basketball courts, playgrounds, scenic walking trails, and private community mailboxes. The neighborhood is known for its quiet, family-friendly atmosphere while remaining conveniently close to everything Central Florida has to offer. Ideally situated just off Pleasant Hill Road, you'll enjoy quick access to Highway 17-92, John Young Parkway, and Florida's Turnpike, making commuting throughout Central Florida simple and convenient. Daily essentials are just minutes away, including Walmart, Publix, Sprouts Farmers Market, local markets, restaurants, shopping centers, healthcare facilities, and highly rated schools. For entertainment, Walt Disney World is approximately 19 miles away, while Orlando International Airport is just 26 miles from your doorstep, making travel effortless. Combining paid-off solar panels, energy-efficient construction, smart home technology, modern finishes, outstanding community amenities, and a prime Kissimmee location, this exceptional property offers the perfect balance of comfort, convenience, and long-term savings. Whether you're looking for your primary residence or your next investment, this home is designed to enhance your lifestyle while reducing your monthly cost of ownership.
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.
