Welcome to 2937 Deerberry Lane where the seller is offering $10,000.00 towards buyers closing costs with an acceptable offer. This stunning David Weekly-built home, Catalyst floor plan is where modern elegance meets everyday comfort. Built in 2020, this meticulously maintained 4-bedroom, 3-bathroom residence offers 2,157 square feet of thoughtfully designed living space and an impressive list of upgrades that make it truly move-in ready. From the moment you arrive, you'll appreciate the home's fresh curb appeal, enhanced by a newly painted exterior, while the freshly painted interior creates a bright, clean, and inviting atmosphere throughout. At the heart of the home is a beautifully renovated chef's kitchen, designed to impress with stylish finishes such as BRAND-NEW cabinets, granite countertops, herringbone design tile backsplash, a premium DOUBLE GE Café oven and GE Café microwave in an abundance workspace—perfect for gatherings, entertaining guests, or preparing everyday meals with ease. The open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a spacious and welcoming environment. The generous owner's retreat serves as a private sanctuary, featuring a CUSTOM DESIGNED walk-in closet that combines luxury and functionality. Three additional bedrooms and two full bathrooms within a 3 WAY SPLIT FLOOR PLAN, provide plenty of space for family, guests, or a home office. One of the ADDITIONAL BEDROOMS features a PRIVATE BATHROOM. Step outside to your FULLY FENCED BACKYARD, offering privacy and room to enjoy Florida's beautiful weather, whether you're hosting weekend barbecues, letting pets roam freely, or simply unwinding after a long day. The outdoor space has been further enhanced with a new patio featuring beautiful pavers with a foundation already footed for a future enclosure providing an excellent opportunity to create the ultimate outdoor living area. Additional upgrades include a whole home in wall pest control system, water softener, attic ladder for convenient storage access, and a radiant barrier in the attic designed to improve energy efficiency and comfort year-round. A full list of upgrades can be provided upon request. Serenoa Community is nestled among rolling hills and surrounded by natural beauty, offering a resort-style clubhouse with a large zero-entry pool, splash pad, state-of-the-art fitness center, scenic walking trails, and a dedicated dog park all for the residents to enjoy. HOA dues INCLUDE premium high-speed internet and cable along with the community being gated, providing exceptional value and convenience while creating the perfect balance of recreation and relaxation.
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.
