One or more photo(s) has been virtually staged. Welcome to a lifestyle of comfort, ease, and opportunity in the heart of St. Cloud’s sought after Seven Oaks community. This beautifully maintained townhome offers more than just a place to live, it delivers a space to unwind, entertain, and truly feel at home. From the moment you walk in, you’re greeted by a layout that feels open, inviting, and effortlessly functional. Natural flow between the living, dining, and kitchen areas creates an atmosphere perfect for both quiet evenings and hosting for those who matter most. Whether it’s a relaxed night in or a full house gathering, the space adapts to your lifestyle with ease. The kitchen serves as the center of it all, positioned to keep you connected while still offering the practicality and efficiency needed for everyday living. Clean lines, smart positioning, and seamless integration into the main living area make it both functional and inviting. Upstairs, the private living quarters provide a peaceful retreat from the day. Spacious bedrooms give flexibility for family, guests, or a dedicated work from home setup. The layout creates a sense of separation and privacy, giving each space its own purpose while maintaining overall flow. Step outside and you’ll appreciate the simplicity this home offers. With exterior maintenance handled by the HOA, your time is freed up to focus on what matters most. Whether that’s enjoying your home, spending time with family, or simply having the flexibility to come and go without the burden of constant upkeep. Beyond the home itself, the community offers a clean, well maintained environment that reflects pride of ownership and consistency throughout. This is the kind of neighborhood where everything feels organized, cared for, and positioned for long term stability. And the future here is strong. St. Cloud is experiencing significant growth, including a planned lagoon style development that is expected to elevate the lifestyle appeal of the area and attract continued demand. Growth of this caliber historically supports long term property value, making this not just a place to live, but a strategic investment in a market that continues to expand. Location is everything, and this home delivers. Just minutes from major roadways, shopping, dining, and the ongoing expansion of Lake Nona, you are positioned in one of Central Florida’s most active growth corridors while still enjoying the comfort of an established community. For buyers looking for the right combination of value, location, and long term upside, this property checks the boxes. Whether you are purchasing your first home, transitioning into something more manageable, or adding to your portfolio, this is an opportunity that aligns with both lifestyle and financial goals. Homes that present this well, in areas with this level of growth, do not stay available for long. Schedule your private showing and experience it for yourself before the opportunity is gone.
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.
