Welcome to Berry Grove, one of Palm City's most sought-after newer construction communities, where modern living meets an unbeatable location. Nestled in the heart of Palm City, this beautifully maintained 3-bedroom, 2-bathroom DR Horton Avon model offers solid CBS construction, all impact windows and doors, and the peace of mind of the remaining 10-year builder's warranty. The location is truly second to none, just minutes or a short walk, bike ride, or golf cart ride from Palm City's vibrant downtown, featuring local favorites like The Patio, Lynora's, Papi Chulo's, and Shark Shack. You'll also enjoy easy access to I-95, the Florida Turnpike, A-rated schools, Downtown Stuart, beautiful Treasure Coast beaches, shopping, dining, golf, and marinas. Inside, the open-concept floor plan is Filled with upgrades, including a stunning floor-to-ceiling rock feature wall with a fireplace, a custom impact-glass front door, crown molding throughout, cordless window treatments, fresh interior paint, a brand-new touchless kitchen faucet, and brand-new pet-friendly carpet with upgraded padding in bedrooms, installed in 2026. The home also features a $10,000 EcoWater whole-home water treatment and softener system installed in 2025, a quiet side-mount garage door opener, Colorado patio sunshades, professionally enhanced landscaping for added privacy and tranquility, and peaceful partial lake views from the backyard. Whether you're searching for a primary residence, seasonal getaway, or low-maintenance Florida home, this move-in-ready property combines newer construction, premium upgrades, exceptional hurricane protection, and one of Palm City's most desirable locations. Come experience everything Berry Grove has to offer.
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.
