The Perfect Family Home: Space to Grow, Room to Play! Looking for the ultimate family-friendly layout? This stunning 5 bedroom, 2.5 bath split-level home offers over 2,500 square feet of bright, open living space designed specifically for busy modern lives. Built in 2022, this residence combines a "like-new" feel with the warmth and functionality every family needs. The heart of the home is the open-concept kitchen and living area, which ensures you are never far from the action. Kids can finish homework at the oversized granite island while you prep dinner in a gourmet kitchen featuring all-wood cabinets and sleek stainless steel appliances. For added convenience, beautiful ceramic tile flooring runs throughout the main level and all wet areas, making cleanup after muddy shoes or spills a breeze. The main floor also hosts a flexible room to be used as a fifth bedroom, playroom, home gym, home office for remote work, or an bonus living space. The second floor serves as the dedicated family hub for rest and recreation. At the top of the stairs, you’ll find a massive multipurpose loft that can easily transform into your future movie room, home gym, or a dedicated hangout for teens. The smart layout keeps the family close, with four bedrooms—including the spacious primary suite—all located on this upper level. To make chores even easier, the laundry room is also conveniently situated upstairs near the bedrooms, eliminating the need to lug heavy baskets up and down the stairs. Outdoor living is just as impressive, featuring a backyard fully enclosed with vinyl fencing to provide a secure place for kids and pets to run freely. You can enjoy peaceful, unobstructed views of the pond while hosting weekend barbecues on the patio. Beyond your own yard, the neighborhood offers fantastic amenities, including a community pool for those hot summer days and a dog park for your four-legged family members. Perfectly located for weekend adventures, you are just minutes from the Polk Parkway and I-4, placing you centrally between Orlando and Tampa. You will be just a short drive away from the magic of Disney, Universal, Busch Gardens, and Legoland. Schedule your private showing today and see where your family's next chapter begins!
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.
