Welcome to 2944 Scarlett Drive in the desirable Oakley Place community of Saint Cloud, Florida! This beautifully appointed two-story single-family residence, built in 2021, combines modern comfort, thoughtful upgrades, and scenic backyard with view of a beautiful pond to create a truly one-of-a-kind home. Offering 4 spacious bedrooms, 3.5 bathrooms, a Den behind French Doors (currently being used as a craft room), and a Second Floor Loft, the 3,000+ square feet of living space will give you plenty of room to spread out. Step inside and immediately notice the care and detail that went into every finish. The entry leads into an open-concept layout highlighted by engineered hardwood floors throughout the downstairs and custom design touches such as shiplap in the mudroom and wrought iron spindle railings on the staircase. The living and dining areas flow effortlessly into the kitchen, creating a welcoming environment for gatherings both large and small. The chef’s kitchen is a true showpiece. Featuring quartz countertops, pendant lights, stainless steel appliances, a double under-mount sink, pull-out Rev-a-Shelf cabinetry for pots and pans, and a closet pantry, it blends style with functionality. The centerpiece is the four-door flex glass-panel refrigerator (just one year old), offering a modern upgrade. The attention to storage continues with a clever under-stair closet and cabinetry with shelving in the laundry room, keeping your home both stylish and organized. Upstairs, the thoughtful floor plan includes a Jack-and-Jill bathroom with a walk-in shower, spacious secondary bedrooms, and a luxurious primary suite. Throughout the home, you’ll find ceiling fans in every room for comfort and energy efficiency. Bathrooms showcase upgraded finishes such as a custom vanity with butcher block top and raised vessel sink and another with a marble countertop and vessel sink, adding boutique style to everyday living. The outdoor spaces make this home truly stand out. The backyard is a private retreat, bordered by a two-tone PVC fence that spans 90+ feet wide at the rear with two gated entries. From the yard, enjoy serene views of a farmer’s field with cows, trees, and even the occasional turkey—a peaceful and unique backdrop rarely found in suburban neighborhoods. Entertain under the pergola set on pavers, or relax on the screened-in lanai with paver flooring, ceiling fan, and hanging lighting. The yard is further enhanced by solar lights on the fence posts, creating a warm evening ambiance. Practical upgrades extend to the exterior as well. The paver driveway leads to a two-car garage with epoxy flooring and ceiling-mounted hanging storage, maximizing both durability and space. The home is also equipped with irrigation, durable block/stucco construction, and a shingle roof for peace of mind. Located in the sought-after Oakley Place subdivision, this home offers not just a residence, but a lifestyle. The community is conveniently close to major highways, shopping, dining, and excellent schools, all while providing a tranquil environment away from the bustle of the city. With its blend of modern features, custom upgrades, and stunning outdoor living spaces, 2944 Scarlett Drive is move-in ready and waiting for its next owner to call it home. Don’t miss your chance to experience the perfect balance of elegance and everyday comfort—schedule your private showing today!
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.
