All the access Windermere is known for without the rules. Most of the homes around here are beautiful, sure, but they come with a specific paint palette, and a list of things you didn't realize you'd signed up for. Not here. Host the cookout that runs late into the night. Plant a real garden. Park the boat in your own driveway. Let the dog run without thinking about it. Keep a few chickens and call it entry level homesteading. Inside, four bedrooms and two and a half baths sit on a layout that gives you more options than most homes twice the price. The primary suite is on the main floor, and there is an entire room between the bedroom and the rest of the house that gives you a private wing to do with whatever you want. It could be the work-from-home setup you've been promising yourself, or a home gym, a quiet second living room, or a nursery just steps from where you sleep. Private access to the screened lanai means the pool is right there too. Upstairs, you'll find updated LVP flooring from 2024, three more bedrooms, and a guest bath. A stone fireplace runs floor to ceiling in the great room, and out back, the screened pool was just converted to saltwater. Recent updates include a new fridge (July 2025), new pool equipment and variable speed pump (June 2025), a new pool safety fence (2025), a new variable speed air handler (May 2024), new carpet in the primary, new LVP upstairs (2024), updated showers (2022), and exterior paint (2021). You're just minutes from Yellow Dog Eats, the Butler Chain of Lakes, downtown Windermere, Winter Garden's Plant Street, Restaurant Row, and every theme park, school, and grocery store the area is known for. An acre with no HOA inside 34786 doesn't come around often. Every reason you wanted to live in Windermere, and none of the reasons you almost didn't.
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.
