Step inside this home from anywhere! To experience a fully immersive walk-through of this home click on the Video or Virtual Tour button on this page. Experience elevated Florida living in this executive two-story contemporary residence, showcasing 5 bedrooms, 3.5 baths, and over 3,000 square feet of impeccably designed living space within the exclusive gated community of Lake Julianna Estates. Perfectly situated between Lake Juliana and Lake Tennessee, with private canal access to Lake Mattie, this home exudes elegance, sophistication, and a true move-in-ready appeal — it feels like stepping into a brand-new model home. Upon entry, you’re greeted by soaring ceilings, abundant natural light, and a spacious open-concept floor plan that seamlessly blends style and comfort. The formal living and dining areas at the front of the home create a warm welcome feel, currently showcased as a chic parlor. At the heart of the home, the gourmet kitchen inspires culinary creativity with rich cherry cabinetry, granite countertops, stainless steel appliances, a large center island, and a sunlit breakfast nook overlooking the living area. The adjoining family room, with its high ceilings and walls of windows, provides the perfect setting for entertaining or quiet family evenings. The luxurious primary suite, conveniently located on the first floor, is a serene retreat featuring tray ceilings, plantation shutters, wood flooring, and a charming bay window sitting area. The spa-inspired primary bath offers dual vanities, a soaking tub, a glass-enclosed walk-in shower, and a custom closet system with built-in cabinetry. Upstairs, a spacious loft area connects four generous secondary bedrooms, each with ceiling fans and built-in closets, complemented by a Jack-and-Jill bath and an additional full bath with elegant finishes. Step outside through the sliding glass doors to your screened-in patio, perfect for al fresco dining or relaxing evenings overlooking the expansive backyard. Lake Julianna Estates offers resort-style amenities, including private lake access, a community clubhouse, tennis and basketball courts, a sparkling swimming pool, children’s playground, and a private boat ramp and dock with direct access to Lake Juliana — ideal for boating and fishing enthusiasts. This pristine home combines luxury, comfort, and location in one of Central Florida’s most desirable gated lakefront communities.
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.
