Set within the established subdivision of The Hamptons located in Pine Lakes, this four-bedroom, two-and-a-half-bath pool home offers more than 2,100 square feet of comfortable Florida living on an oversized lot designed for both privacy and possibility. Blending everyday practicality with inviting outdoor spaces, the property presents a rare opportunity to enjoy the relaxed coastal lifestyle that has long defined this sought-after community. Approaching the home, mature landscaping and the generous proportions of the lot immediately set the tone. The residence sits comfortably back from the street, creating a sense of openness while leaving ample room for outdoor enjoyment. A wide driveway and welcoming entry lead inside to a floor plan that balances shared living spaces with private retreats. The interior unfolds into a spacious main living area where natural light filters through large windows, highlighting the home’s airy layout and comfortable scale. The design makes the home well suited for both casual family living and entertaining guests. Four well-proportioned bedrooms offer flexibility for growing families, visiting guests, or a dedicated home office, while the two full bathrooms and additional half bath ensure convenience throughout the home. Beyond the interior living space, the property truly shines outdoors. A large covered patio opens to a sparkling private pool that is SOLAR HEATED, creating an inviting setting for weekend gatherings, quiet morning coffee, or warm Florida evenings spent under the stars. The expansive patio area offers room for outdoor dining, lounging, and entertaining, while the oversized yard extends the possibilities for gardening, recreation, or future enhancements. A full sprinkler system helps maintain the lawn and landscaping with ease, keeping the property green and vibrant throughout the year. The oversized lot not only provides extra outdoor space but also enhances privacy, a feature increasingly valued in residential neighborhoods. Located within the well-established Pine Lakes subdivision, the home enjoys close proximity to local golf courses, parks, shopping, dining, and the beautiful Atlantic coastline just a short drive away. Residents appreciate the neighborhood’s quiet streets, mature surroundings, and convenient access to all that Palm Coast has to offer. The roof installed in 2014, A/C system 2025. Water heater 2021. The home is also equipped with an alarm system hookup, offering the option for enhanced security. Comfortable in scale yet generous in outdoor living, this pool home presents a compelling blend of location, space and inviting place to settle into the easy rhythm of life in Palm Coast.
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.
