Sellers Are Offering $5000 Credit Toward Buyer's Closing Cost. Looking For A 5-Bed Home In Debary Plantation With A Luxury Pool, Golf Course Views, And Major Upgrades Already Done (Brand New Roof 5/2026 and 5/2023 home was completely re-piped/replumbed)? Welcome Home! This Beautifully Maintained Two-Story Brick-Front Home Is In A Premium Location On The 8th Hole In One Of Debary’s Most Desirable Golf Communities. From The Moment You Arrive, This Traditional-Style Home Makes A Lasting Impression With Its Brick Exterior, Grand Entry, Mature Landscaping, And Welcoming Curb Appeal. Inside, The Flexible Floor Plan Is Designed For Both Everyday Living And Entertaining. The First Floor Features A Spacious Living Room With A Cozy Brick Fireplace, Dining Or Flex Room, Half Bath, And An Open-Concept Kitchen That Connects To The Main Living Areas. The Kitchen Offers Granite Countertops, Breakfast Counter Seating, Stainless Appliances, Oversized Pantry Storage, And Views Straight Out To The Incredible Backyard Retreat. The Outdoor Living Space Truly Sets This Home Apart From Others. Step Outside To Your Private Screened Saltwater Pool Oasis Featuring A Stunning Pebble Tech Finish, Decorative Tile Accents, Elegant 24x24 Porcelain Tile Pool Deck, And Covered Lanai Perfect For Relaxing Or Entertaining Year-Round. The Smart-Controlled Variable Speed Pump With Heater/Chiller Combo Allows You To Heat Or Cool The Pool From Anywhere, Giving You True All Year-Round Enjoyment. Upstairs You Will Find The Spacious Primary Suite, Four Additional Bedrooms, Full Hall Bath, And Convenient Laundry Room. The Primary Suite Offers A Comfortable And Relaxing Space With Luxury SPC Flooring, Crown Molding, And Large Windows That Bring In Plenty Of Natural Light. The Spacious Bathroom Includes Dual Vanities, Lots Of Counter Space, Decorative Details, A Large Soaking Tub, And An Oversized Walk-In Shower For A Spa-Like Feel. Additional Upgrades And Extras Include Luxury SPC Flooring On 2nd Floor, Complete Home Repipe In 2023, New Roof Replaced May 2026, Attic Insulation Added For Efficiency, Interior Paint Completed One Year Ago, New Garage Door Opener, Gutter System With Gutter Guards Just One Year Old, Smart Irrigreen Irrigation System Which Helps Reduce Water Waste, Invisible Dog Fence Wiring, And EV Charging Capability In The Garage. All Appliances Stay, Including Washer And Dryer. The Home Also Features Two AC Systems, One Just 1 Year Old And The Other 5 Years Old, Both With Warranties. Located Approximately 10 Minutes To The Debary SunRail Station, Minutes To I-4, About 35 Minutes To Downtown Orlando, And Roughly 40 Minutes To Florida’s East Coast Beaches. From The Luxury Pool To The Golf Course Views And Everything In Between, This Home Offers The Florida Lifestyle Buyers Dream About. Call For A 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.
