This well maintained home is a 4/3 with a DEN and 3 car garage. This well desired neighborhood has NO HOA and are the original owners. Brand NEW AC UNIT was just installed! Septic and drain field was just serviced with extra protection. The open-concept living and dining areas are filled with natural light, perfect for entertaining or relaxing. The flexible floor plan includes a spacious office/den that was originally contracted as a fifth bedroom — a wall can be easily added to create a true bedroom, offering versatility for a growing family, guests, or work-from-home needs. Additionally, the bedroom located off the living room includes an ensuite bathroom, also great for guests or multigenerational living. Step outside to a large backyard with plenty of room for gatherings, pets, or future outdoor enhancements. Enjoy the tranquility of this peaceful residential area that is conveniently located near shopping, dining, major highways, and Orlando’s best attractions, this move-in ready home combines everyday convenience with lasting quality! For added peace of mind, the seller is offering a basic home warranty to the buyer at closing. All the major updates have been completed, so you can move right in and start enjoying the Florida lifestyle. The spacious floor plan flows seamlessly from room to room, creating an inviting atmosphere for both everyday living and entertaining. The generous primary bedroom provides a private retreat, while three additional bedrooms offer flexibility for family members, guests, or home office space. Three well-appointed bathrooms ensure convenience for busy households. Located in a vibrant community, this home provides easy access to essential amenities and recreational opportunities. Families will appreciate the proximity to West Oaks Academy, ensuring quality educational options within reach. Lake Florence Park offers scenic outdoor recreation just minutes away, perfect for morning walks, picnics, and community activities. Daily conveniences are readily accessible, with Publix Super Market at Silver Crossing providing convenient grocery shopping nearby. The location also offers excellent connectivity through public transportation options, making commutes and travel throughout the Orlando area effortless. This property represents an outstanding opportunity to own a well-maintained home in a community that balances suburban tranquility with urban accessibility. The combination of generous living space, practical layout, and prime location creates an exceptional value for discerning buyers. Whether you're establishing roots or expanding your family's living space, this house offers the perfect foundation for creating lasting memories in one of Orlando's most sought-after areas. A well-maintained, stylish, custom home featuring a brand-new roof (2024) and fresh exterior paint (2024), enhancing both durability and curb appeal. Step inside to discover new interior paint (2025) and brand-new laminate hardwood flooring (2025) that create a warm, inviting atmosphere throughout. Septic system pumped and inspected (Nov 2025). The primary shower was completely retiled in 2025, adding a modern touch, and the water heater was replaced in 2023 for improved efficiency.
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.
