One or more photo(s) has been virtually staged. For Sale – Elegant Townhome at 2922 Fielwood Circle, St. Cloud, Florida Welcome to 2922 Fielwood Circle — a beautifully maintained two-story townhome offering the perfect blend of comfort, functionality and modern style. This spacious residence features three well-appointed bedrooms across two levels of thoughtfully designed living space, ideal for families, professionals or investors seeking a low-maintenance lifestyle in a desirable location. Enjoy a bright open floor plan, a contemporary kitchen with quality finishes, and inviting living areas that provide the perfect setting for relaxation or entertaining. The home’s layout ensures privacy and convenience, with all bedrooms offering generous storage and natural light. Location & Nearby Amenities: Situated in a quiet, well-connected community in St. Cloud, the property offers easy access to major roadways. Just minutes away from community green space and trails, including Peghorn Nature Park and Trails — a 58-acre passive park featuring nature walks and educational features. City of St. Cloud Close to the charming downtown of St. Cloud, with historic sites such as the St. Cloud Heritage Museum and the Grand Army of the Republic Memorial Hall, giving the area cultural depth and community character. Within easy reach of schools, shopping, dining and all the conveniences of modern life — while still offering the tranquility of suburban living. Whether you’re looking for your next home or a smart investment opportunity, this townhome delivers exceptional value and modern living in one of Central Florida’s most appealing communities. Schedule your private showing today and experience all that this beautiful townhome.
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.
