Experience the perfect blend of modern efficiency and small-town ''Old Florida'' charm. This low-maintenance, energy-efficient home presents a spacious open-concept layout that boasts an abundance of natural light and seamlessly connects the living areas to create a warm and inviting home ideal for everyday life and entertaining friends and loved ones. Built by DR Horton Homes, this popular Lismore model offers 3 bedrooms, 2 bathrooms, dining area, family room, indoor laundry room, 2-car garage and over 1550sqft of living space. The kitchen comes equipped with a generously sized island, stainless steel appliances, a walk-in pantry, coffee bar and plenty of cabinets and counter space. The spacious owner's suite provides ample room for a king-sized bedroom set and is complemented by a roomy walk-in closet and ensuite bathroom that features a double-sink vanity, garden tub/shower combination and linen closet. Venturing outdoors, the fully fenced backyard is a private, secure space that sets the perfect foundation for your future screened lanai complimented by an extended paver patio with a firepit, grilling station and rustic pergola. The community of Willow Springs is a No CDD community with low HOA fees, offering Homeowners use of a clubhouse, pool, playground, and sand volleyball court. This home is conveniently located near top-rated Clay County schools, historic downtown Green Cove Springs, shopping, restaurants, boat-ramp access and beautiful State parks, with easy commutes to NAS Jacksonville, downtown Jacksonville, Jax Airport, beaches and many other points of interest in northeast Florida! House is being Sold "As-Is"; NO BLIND OR CREATIVE FINANCING OFFERS!
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.
Data provided is deemed reliable but is not guaranteed. The data relating to real estate for sale on this website comes in part from the Northeast Florida Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.
