Welcome to a beautifully upgraded residence at 250 NW 43rd Place in Deerfield Beach, where modern comfort meets effortless South Florida living. This thoughtfully enhanced home showcases a bright, open-concept layout accented by newly installed recessed lighting (2025) and designer ceiling fans (2025), creating a warm yet sophisticated ambiance throughout the main living and dining areas. At the heart of the home, the kitchen is tastefully refreshed with a contemporary backsplash (2024), offering both style and functionality for everyday living and entertaining. Comfort is paramount, with a high-efficiency 3.5-ton central A/C system with heating (installed 2023) and updated electrical components providing peace of mind. Step outside into your private backyard retreat, fully enclosed by a newly installed privacy fence (2024). The outdoor living space is elevated with elegant shade sails (2024), creating a resort-inspired setting perfect for relaxing or hosting gatherings. Lush greenery and a curated selection of herbs and fruit-bearing plants, including papaya, aloe, basil, oregano, cilantro, peppermint, and pigeon peas, add a unique garden-to-table lifestyle element. Ideally situated, this home offers unparalleled convenience with close proximity to premier shopping, dining, and entertainment. Enjoy being just minutes from Publix, Walmart, and Pompano City Centre, while the pristine shores of Deerfield Beach and its iconic International Fishing Pier are only a short drive away. Easy access to I-95, Florida's Turnpike, and Fort Lauderdale-Hollywood International Airport ensures seamless connectivity. This is a rare opportunity to own a move-in-ready home that blends modern upgrades, outdoor serenity, and an exceptional location.
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.
