3 Car Garage. Bonus Office. Waterfront Views. Oversized Screened Lanai. Well Thought Floorplan. Tucked away on a quiet Cul-de-Sac. Overlooking a peaceful pond with fountains, this property offers well thought out space and easy indoor-outdoor living that make coastal Florida so desirable. Inside, the open-concept layout is filled with natural light and designed for both comfortable everyday living and entertaining. The spacious kitchen is the heart of the home, featuring quartz countertops, stainless steel appliances, abundant cabinetry, and a large center island with seating--all positioned to take advantage of the water views. The adjoining living and dining areas flow seamlessly together, highlighted by custom built-ins. One of the standout features of the home is the exceptionally large enclosed lanai, creating an extended living space perfect for morning coffee, outdoor dining, or simply enjoying the year-round Florida weather and tranquil fountain views The private primary suite offers direct lanai access along with a spacious ensuite bath featuring dual vanities with quartz countertops, separate his-and-her closets, a large walk-in shower, and private water closet. Two additional bedrooms and a full guest bath with tub/shower combination provide flexibility for family or visitors, while the dedicated office just off the kitchen creates an ideal work-from-home setup. Additional features include masonry construction with stucco exterior, central vacuum system, sprinkler and drip irrigation systems, oversized driveway, interior laundry room with washer and dryer included, built-in storage and countertop, and ample garage space for vehicles, storage, golf carts, or hobbies. Beyond the home itself, residents have access to community amenities including a pool, tennis and clubhouse, adding to the relaxed and active Florida lifestyle. Located in one of Florida's fastest-growing coastal communities, Palm Coast is known for its relaxed lifestyle, beautiful natural surroundings, golf courses, walking and biking trails, nearby beaches, and convenient access to both St. Augustine and Daytona Beach. Residents enjoy the perfect balance of peaceful residential living with easy access to outdoor recreation year-round. This is the kind of home that makes everyday living feel like a retreat.
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.
