One or more photo(s) has been virtually staged. Welcome home to this charming 4-bedroom, 3-bath Craftsman-style residence that perfectly blends character, comfort, and functionality. Situated on a cul de sac street on a desirable corner lot in an established neighborhood with NO HOA, this thoughtfully designed home features a versatile 3-way split floor plan ideal for both everyday living and hosting guests. A welcoming front porch sets the tone, inviting you into a bright foyer where a formal living room greets you, seamlessly connected to the family room through an open wall divider—creating a sense of openness while maintaining defined spaces. The main living areas showcase luxury vinyl plank flooring, while all bedrooms offer the comfort of carpet underfoot. To the right of the foyer, you’ll find two guest bedrooms sharing a well-appointed hallway bath. A third guest suite, tucked privately off the family room, features its own en suite bath and backyard views—perfect for visitors or multi-generational living. The heart of the home is the spacious family room and breakfast nook, where vaulted ceilings create an airy, expansive feel. The breakfast nook flows effortlessly into the kitchen and is highlighted by a charming custom shiplap breakfast bar. The kitchen is equipped with an LG gas cooktop and a brand-new dishwasher. Privately situated between the kitchen and nook, the primary suite is a true retreat, featuring a tray (step-up) ceiling and a generous walk-in closet separate from the fully remodeled en suite bath. The luxurious bathroom boasts thoughtful upgrades throughout, including a natural wood barn door, double sink vanity with modern mirrors, shiplap-accented walls, a sleek step-in shower with subway tile, a freestanding slipper tub with wall-mounted fixtures, floating shelving and updated light fixtures. Connecting the two-car garage to the kitchen, the laundry room is both practical and efficient, complete with a Samsung washer and dryer, pantry closet, and additional storage shelving. Step outside through French doors to a covered lanai overlooking a fully fenced backyard, designed for both relaxation and fun. Enjoy evenings around the fire pit, or explore the custom treehouse with electricity. Additional home highlights include a utility shed, irrigation system with six zones, tankless water heater, propane tank (owned), and a beautifully updated wood-stained garage door. Conveniently located near top-rated schools, restaurants, and shoppin including the new Publix plaza, the Stonehouse Neighborhood Grill, a locally owned fitness center, Villaggios Pizza and Elliano’s Coffee, this home offers the perfect balance of peaceful living with easy access to amenities. Plus, you’re just a quick 20-minute drive to Gainesville via a 4-lane highway. All this PLUS a NEW ARCHITECTURAL ROOF to be installed prior to closing. This home truly lives large—inside and out—and is ready to welcome its next owner.
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.
