This stunning 5-BEDROOM, 4-BATHROOM EXECUTIVE POOL HOME situated ON OVER A THIRD OF AN ACRE offers the perfect BEACH + POOL + OUTDOOR LIFESTYLE just minutes from’s PRISTINE ATLANTIC SHORES, THE SCENIC LOOP, KAYAKING, FISHING, AND TOP ATTRACTIONS. Located in the highly desirable ASHFORD LAKES ESTATES neighborhood of, a premier MASTER-PLANNED COMMUNITY spanning over 3,500 ACRES with approximately 2,000 ACRES OF NATURE PRESERVE, this community delivers the ultimate FLORIDA BEACH LIFESTYLE surrounded by natural beauty and outdoor recreation. Residents of Hunters Ridge enjoy incredible FAMILY-FRIENDLY COMMUNITY AMENITIES including COMMUNITY POOLS, CLUBHOUSE, TENNIS COURTS, SPORTS FIELDS, PARKS, FISHING PIER, CANOE LAUNCH, WALKING TRAILS, and abundant wildlife throughout the community. Enjoy the added advantages of LOW FLAGLER COUNTY TAXES, LOW HOA FEES, and NO CDD. Inside, enjoy OPEN-CONCEPT LIVING with soaring ceilings, abundant natural light, and flowing tile floors throughout the main living areas. The GOURMET KITCHEN is designed for both entertaining and everyday living, featuring stainless steel appliances, custom cabinetry, quartz countertops, and an oversized center island perfect for gatherings and family meals. The LUXURIOUS PRIMARY SUITE offers a true private retreat with a spa-inspired bathroom featuring a soaking tub, oversized walk-in shower, dual vanities, and an expansive walk-in closet. Step outside into your own PRIVATE RESORT-STYLE BACKYARD showcasing an oversized 40-FOOT POOL with SUN SHELF, WATERFALL, and FIRE FEATURE. The FULLY EQUIPPED OUTDOOR KITCHEN, covered lanai, surround sound system, and lush tropical landscaping create the perfect environment for entertaining, pool parties, relaxing weekends, and unforgettable sunset evenings. Additional highlights include a PAID-OFF WHOLE-HOUSE SOLAR SYSTEM, JUICEBOX EV CHARGER, and an oversized 3-CAR GARAGE with ample room for vehicles, beach gear, golf cart, and recreational toys. Experience the best of LUXURY COASTAL LIVING in Hunters Ridge — a vibrant, nature-rich community conveniently located near, shopping, dining, boating, and major Central Florida attractions. Don’t miss this incredible ORMOND BEACH POOL HOME in Hunters Ridge — schedule your private showing today.
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.
