BACK ON THE MARKET, CONVENIENT LOCATION, ONLY 1/4 WALK BLOCK TO THE AMENITIES. ALOT OF HOME FOR THE MONEY! The newest (Built in 2021)and least expensive per square foot villa in the area Priced at $176/s.f. Affordable No exterior maintenance modern home in a highly sought after Guard-Gated Golf & Active-Adult Community, Home built in 2021 1,822 square foot, 2 large Bedrooms, 2 bath w/ All-Weather Lania with separate A/C & Heat built in 2024 Full 2 car garage, Low Maintenance Stucco & Block Home Located in Highly sought after Arlington Ridge only 1/2 Block to luxurious resort-style amenities. Discover a lifestyle of comfort and leisure you've waited for your whole life for, Low HOA of $303 per month includes, roof replacement, exterior painting, mowing, trimming & blowing of lawn, irrigation system maintenance, irrigation water, Wi-Fi router for signal coverage throughout the home, 200+ cable TV channels, and 250-megabyte high-speed internet. Community has sidewalks and underground utilities for a more luxurious look. With 8 foot entry door and sliders, 9-foot ceilings and tile throughout you'll see how it enhances your sense of space. Large 17x16 open concept great room is great for entertaining Kitchen features 4 seat bar-top island, pantry, abundant 42-inch cabinets & quartz counter-tops & stainless-steel range & fridge that stay and a separate dining room. The master bedroom features an en-suite bath with dual vanities, a walk-in shower, for added safety, Large walk-in closets. Split Plan for guest bedroom provides ultimate privacy. Over-sized Indoor laundry room with plenty of storage and room for a desk. Energy efficient features are R-38 insulation including the garage, Low-E windows and an Ecobee thermostat help save money on utility bills. The home is located in low wind zone being in the center of the state. Benefit from huge discounts on homeowner's insurance due to the home's high construction standards being built to wind code, high & dry elevation for flood protection, and a low wind zone, also qualifying for additional insurance discounts. The low HOA of $297/month makes this community even more affordable than nearby communities This coveted community offers a wide range of amenities, including an 18-hole golf course where you can get a tee time year round, driving range, putting greens, YOU DO NOT HAVE TO PURCHASE A SOCIAL OR GOLF MEMBERSHIP TO LIVE IN COMMUNITY OR PLAY GOLF, lighted tennis and pickleball courts, heated swimming pools, hot tub, fitness facilities, billiards, a restaurant, tavern, and a free movie theater. The community is golf cart-friendly, with sidewalks for strolls and low-speed limit streets perfect for bicycling. Enjoy the convenience to grocery stores, restaurants, banks, and pharmacies within a 5-minute drive. Emergency services are just 10 minutes away, and a free boat ramp and fishing pier on a 15,000-acre lake are nearby. Community is 20 minutes from malls, restaurants, and a 12-screen movie theater, 45 minutes from Orlando, Major theme parks, and the airport, 90 minutes to Daytona Beach & Atlantic Ocean and Gulf of Mexico Clearwater. SJS 2025©
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.
