Welcome to a home designed for those who want more — more privacy, more luxury, more Florida living! Perfectly placed in the most desirable spot in Del Webb Twin Lakes, this beautifully upgraded carriage home offers a screened-in saltwater pool and lanai, no rear neighbors, and a lifestyle to make you feel like you’re on vacation every day. With this private pool and lanai, true Florida Lifestyle living and swimming every day is yours! All the exterior grounds and landscaping are taken care of, including the building exterior. Just steps away from the community garden, this home has a ton of green space next to it. Already fenced in, so if you have dogs, you are all set! Entering the home, you’ll notice the extensive number of upgrades including porcelain tile floors throughout, remote motorized window treatments, quartz countertops with edging, custom back splash, upgraded appliances, kitchen sink, and Pendant lighting, 42" custom cabinet, water softener, gutters, and built-in den cabinets. And every closet and the pantry have amazing California closet built-ins! The Primary bedroom is large enough for a king-sized bed - with lots of room to spare - and features a tray ceiling with fan and light. The en-suite bathroom features a large walk-in closet, double sinks, linen closet, and a luxuriously spacious custom-tiled shower with bench. This "Home Sweet Home" is unique. It has the only private pool in the neighborhood, loads of upgrades, been meticulously maintained, and did we mention PRIVACY? The boutique carriage home section of Twin Lakes is like living in a smaller community with resort-style amenities available: 3 pools, a 20,000 sq. ft. clubhouse, state of the art fitness center, tennis and pickleball courts, fishing, boating, endless social activities and more. All in a gated community just minutes from Lake Nona, Orlando Airport, the theme parks, and beaches. Don’t wait—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.
