Step into this stunning pool home, designed for both everyday comfort and effortless entertaining. This spacious 5-bedroom, 3-bath residence blends functionality with timeless charm—crown molding, decorative arches, and natural light flow throughout, creating a warm, inviting atmosphere in every room. The heart of the home is the open-concept kitchen, featuring a large granite island, ample prep space, and a breakfast bar perfect for quick meals or casual conversation. Just off the kitchen, enjoy a sunny breakfast nook for laid-back mornings and a formal dining room ready to host everything from holiday feasts to dinner parties. The expansive family room, complete with wood floors, recessed lighting, double hop-up ceilings, and built-in speaker wiring, offers a cozy-yet-sophisticated space for everyday lounging or entertaining guests. Retreat to the primary suite—a private haven with a tray ceiling, crown molding, ceiling fan, and custom walk-in closet. The luxurious en suite bath features a granite double vanity, wide tiled shower, deep soaking tub, private water closet, and a linen closet for added storage. Step outside and enjoy your own backyard escape. A beautifully pavered saltwater pool invites you to relax in style, while the screened lanai with luxury vinyl plank flooring provides a shaded retreat for outdoor dining or quiet evenings. Full-yard irrigation keeps the landscaping vibrant with minimal upkeep. With multiple living and dining spaces, thoughtful upgrades, and an abundance of natural light, this home offers room to grow, room to gather, and room to make lasting memories. Energy-saving solar panels (to be paid off at closing) mean big savings for this home, with monthly power bills routinely at less than $30 per month. Make plans to tour this house today before it's too late! Low rate assumable loan available for qualified buyer.
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.
