Graceful architecture and refined updates come together in this beautifully appointed 3-bedroom, 2-bath residence where soaring ceilings, elegant finishes, and thoughtfully designed living spaces create an atmosphere of comfort and sophistication. A striking columned entry welcomes you inside to light-filled interiors and an open layout designed for both relaxed living and stylish entertaining. The formal dining area flows seamlessly into the main living space, enhanced by custom plantation shutters and abundant natural light. At the heart of the home, the newly redesigned chef's kitchen (2026) features sleek cabinetry, dramatic stone surfaces, modern appliances and a hidden walk-in pantry with a dedicated appliance station, offering exceptional storage while keeping the main kitchen clean and uncluttered. The primary suite offers a peaceful retreat, complete with spacious walk-in closets and a luxurious bath featuring dual vanities, a soaking tub and separate shower. Two additional bedrooms provide flexibility for guests and family. In addition to the three bedrooms, the home features a versatile flex space currently used as a display room, offering endless possibilities as a home office, hobby studio, library, or private retreat. Thoughtful updates add both style and peace of mind, including a new roof (2022), plantation shutters (2022), exterior hurricane shutters (2024), and an updated guest bathroom shower (2025). Beautifully maintained and truly move-in ready, this residence blends timeless elegance with modern updates. The expanded enclosed patio, creates a bright Florida room surrounded by windows and privacy panels. Finished with tile flooring and cooled by an oversized ceiling fan, this inviting space provides the perfect setting for relaxing, entertaining, or enjoying peaceful indoor-outdoor living. Set on a corner lot in the beautifully-manicured, gated community of Lake Forest. Residents enjoy some of the lowest association dues in the desirable St. Lucie West area, which include lawn maintenance along with cable and internet for added convenience and value. Lake Forest offers exceptional community amenities, including a clubhouse with a fully equipped fitness center, two resort-style swimming pools with cabanas, a relaxing spa, and a playground for younger residents. The community's active Activities Committee regularly hosts events that bring neighbors together, including family game nights, cooking classes, craft events, bingo, and seasonal gatherings — creating a vibrant and welcoming atmosphere. Lake Forest is truly a beautiful place to call home, where comfort, community, and lifestyle come together.
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.
