Welcome to 2613 Fowler Avenue, where comfort meets Florida living at its finest. This beautifully maintained 3-bedroom, 2-bath home in Auburndale is more than just a place to live. It’s a place to create lasting memories. Step inside and instantly feel at home. The open-concept kitchen invites family and friends to gather around for conversation while dinner simmers on the stove. The bright and spacious family room offers the perfect spot for cozy movie nights or game-day gatherings filled with laughter and warmth. The enclosed lanai extends your living space and your imagination. Transform it into a game room for entertaining, a sunny home office, or a quiet retreat for morning coffee and meditation. A brand-new roof (being installed in about 30 days) provides peace of mind for years to come, while solar panels help keep energy costs low so you can focus on what truly matters. Enjoying your home. A whole-home water filtration system adds yet another layer of comfort and quality. Step outside to your fenced backyard oasis. A private, sunlit haven perfect for weekend barbecues, outdoor games, or letting kids and pets play freely. Picture peaceful evenings under the stars, string lights twinkling, and the scent of flowers drifting through the breeze. Beyond your doorstep lies a thriving Central Florida community with everything you need close by. You’re just minutes from Publix, Walmart, and a variety of restaurants and shops along Cypress Gardens Boulevard. Spend your weekends exploring Lake Myrtle Sports Park, enjoying the Chain of Lakes, or taking the family to Legoland Florida Resort, only a short drive away. Conveniently located between Orlando and Tampa, you’ll have easy access to world-class theme parks, beaches, and attractions in every direction. Lovingly cared for and thoughtfully upgraded, this home is ready for its next chapter and its next owner. The seller is motivated, so don’t wait. Schedule your private tour today and discover the comfort, charm, and lifestyle waiting for you at 2613 Fowler Avenue.
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.
