SPECIAL FINANCING AVAILABLE: 2-1 Buydown Offered! Discover this BEAUTIFULLY UPDATED 2-story townhouse in Greenacres offering 1,540 sqft with 3 bedrooms and 2.5 bathrooms. Built in 1989 and thoughtfully refreshed, this CORNER UNIT balances classic charm with modern updates. Step inside where the BEAUTIFUL kitchen immediately catches your eye with QUARTZ COUNTERTOPS, NEWER STAINLESS STEEL APPLIANCES, and ample cabinet space for all your culinary needs. The OPEN-CONCEPT layout flows seamlessly into a SPACIOUS and BRIGHT living and dining area at the back, perfect for family gatherings or entertaining friends. Upstairs, three COMFORTABLE BEDROOMS and two UPDATED FULL BATHROOMS provide the space your family needs. HIGH-QUALITY LUXURY VINYL FLOORING throughout the second floor delivers both style and durability that stands up the everyday life. Your outdoor spaces include a FENCED PATIO and COVERED PORCH, ideal for morning coffee or evening relaxation. With 2 ASSIGNED PARKING SPOTS plus community access for boat and RV/TRUCK PARKING, you'll never worry about space for vehicles or toys. Peace of mind comes with ALL IMPACT WINDOWS throughout for security and energy efficiency, a 2023 ROOF, plus AC and water heater from 2018. Recent updates include a BRAND NEW WASHER AND DRYER, making this home truly move-in ready. This CORNER UNIT provides extra PRIVACY in a QUIET, FAMILY-FRIENDLY, and PET-FRIENDLY community. Charter Club of Palm Beach offers a refreshing pool and clubhouse for gathering with neighbors. Your central location puts everything within reach: 4.7 miles to The Mall at Wellington Green with its restaurants and movie theater, 5.2 miles to Whole Foods, 5.5 miles to Trader Joe's, and 7.5 miles to PBI Airport. Entertainment options include Wellington Amphitheater (6.7 miles), iTHINK Financial Amphitheatre (5.7 miles), and the South Florida Fair (5.9 miles). Wellington Regional Medical Center is just 4.6 miles away. You're 10 miles to both I-95 and the Turnpike for easy commuting, 11.5 miles to Tanger Outlets, and 13.2 miles to Worth Avenue and beautiful Palm Beach beaches. Local schools including Okeeheelee Middle School (B-rated, just 0.8 miles away) serve the community. This MOVE-IN READY townhouse combines updated finishes, practical features like the new roof and impact windows, plus an unbeatable central location. Come see why Charter Club living might be exactly what you've been searching for!
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.
