ASSUMABLE 2.75% VA INTEREST RATE FOR QUALIFIED BUYERS Spanning three levels of thoughtfully designed living space, this home offers the flexibility for everyone to enjoy their own retreat. The second-floor loft is ideal for a home office or play area, while the expansive third-floor bonus room offers endless versatility as a media room, hobby space, or a large bedroom. Three additional bedrooms provide generous accommodations for family and guests alike. Custom shiplap and board-and-batten detailing lends timeless coastal charm to the home. A modern and thoughtfully appointed kitchen features a large island, stainless steel appliances, quartz countertops, natural gas range, and a spacious walk-in pantry—ideal for both everyday living and entertaining. This home is equipped with a Rachio smart sprinkler system, gutters, tankless water heater, and epoxy-coated garage. The first floor has upgraded 6" modern baseboards that add subtle luxury. Outdoors, a fully fenced yard and screened-in patio overlook tranquil water views, creating a serene setting to unwind and enjoy coastal breezes year-round. Elevate your lifestyle with a home that makes everyday living feel like an effortless vacation at Beachwalk! IMPRESSIVE AMENITIES AT BEACHWALK: Featuring white sandy beaches overlooking the 14-acre crystal lagoon pool with a swim-up bar, 2 dueling water slides, complimentary kayaking and paddle boarding, golf cart paths, clubhouse with a private full-service restaurant, fitness center with showers and lockers, childcare facility, dog splash park, putting green, kids playground, 6 Har-Tru tennis courts and pickleball courts. Lively events include vendor markets, holiday golf cart parades, trivia nights, poker tournaments, yoga classes, water aerobics, kids summer camps, tennis leagues, special holiday events, wine & dining experiences and many other activities all happening in the convenience of your own neighborhood. This is a golf cart community that makes accessing nearby restaurants and shopping a fun experience for the whole family. Don't settle for ordinary, come live everyday on vacation at Beachwalk!
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.
