*OPEN HOUSE 3/14/26 11am -1pm* POOL HOME ~ 4000+ SQ FT ~ DOWNSTAIRS PRIMARY BEDROOM ~ Don't miss this gorgeous home ready for new owners! Curb appeal & covered front porch draw you into this spacious home w/ room for everyone. Wood look tile floors continue through the common area downstairs. DINING ROOM is spacious w/ accent wall & flow to entertain. GREAT ROOM -striking accent wall w/ TV mount & cathedral ceilings w/ wonderful natural light & is open to kitchen. KITCHEN has large island w/ cabinets on both sides for extra storage, island overhang for bar stool seating, dishwasher (Bosch 2 yrs old), wall oven, wall microwave, electric cooktop w/ vent hood, tile backsplash, pull out trash cabinetry, corner pantry closet, eat in area, french door to pool lanai plus extra BUTLER'S PANTRY area w/ storage & countertop. Spacious MAIN BEDROOM is on 1st floor w/ crown molding & well appointed ensuite bath w/ wood look tile floors, double vanities w/ granite countertops, garden tub, separate tiled shower, water closet, 2 walk in closets w/ storage systems. BEDROOM 2 is also on the 1st floor & has an adjacent hall bathroom w/ tiled shower & single vanity. UPSTAIRS you'll find the BONUS ROOM w/ double doors & is great for a play room/office/etc (full size Murphy bed in bonus room conveys). BR 3 & 4 (both w/ walk in closets) each w/ their own single vanity but share Jack & Jill bath w/ wood look tile floors & a tub/ shower combo. BR 5 & 6 share hall bathroom w/ DOUBLE VANITIES & tub/shower combo. Once outside, you'll know this is the ONE! POOL (2020, saltwater, 8 ft deep end) & storage shed + parking pad behind the fence AND extra parking out front near the garage make this a space everyone can use & enjoy! Other amenities include: Gutters, water heater 2017; 30 amp plug for RV; HVAC (x2) 2017 serviced yearly; Termite bond -Cook's Pest Control; LAUNDRY ROOM w/ cabinets & countertop; n'hood PLAYGROUND & community room & so much more. Hurry to see this one & get your offer in!
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.
