$10,000 BUYER INCENTIVE + RARE 2.75% VA ASSUMABLE LOAN!Welcome to 3013 Crown Creek Circle, where exceptional value, comfort, and style come together in one beautifully maintained home. The seller is offering $10,000 in buyer concessions that can be used toward closing costs, prepaid expenses, an interest rate buy-down, or other lender-approved costs, helping make homeownership more affordable. Qualified buyers may also take advantage of a rare 2.75% VA assumable loan, offering significant monthly savings compared to today's market rates. Nestled within one of Crestview's highly sought-after Swim and Tennis communities, this stunning 4-bedroom, 2.5-bath home with a spacious 3-car garage offers the perfect blend of elegance, functionality, and everyday comfort. From the moment you step inside, you'll be welcomed by an expansive open-concept floor plan filled with natural light, soaring ceilings, crown molding, and beautiful luxury vinyl plank flooring throughout. Designed with both entertaining and daily living in mind, the heart of the home is the impressive chef's kitchen featuring granite countertops, an oversized island, stainless steel appliances, abundant cabinetry, and a stylish wine bar that makes hosting effortless. The spacious formal dining room provides the perfect setting for holiday gatherings and special occasions, while the open living area creates a warm and inviting space to relax and make lasting memories. The private primary suite serves as a true retreat, featuring elegant tray ceilings, dual walk-in closets, double vanities, a relaxing garden tub, and an oversized multi-head walk-in shower that delivers a spa-like experience right at home. The additional bedrooms are thoughtfully situated on the opposite side of the home, providing privacy and comfort for guests, along with a full bath and convenient half bath. Step outside to your fully privacy-fenced backyard, where the covered patio and yard create the ideal space for morning coffee, summer barbecues, or peaceful evenings under the stars. The oversized laundry room leads to the spacious three-car garage complete with custom shelving that conveys with the sale, providing exceptional storage and organization. With $10,000 buyer incentive, and an assumable 2.75% VA loan, this home offers a combination of features and financial advantages that are increasingly difficult to find in today's market.
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.
