Welcome to 3021 Pinewood Ct, a rare one-story brick pool home situated on nearly ONE ACRE in the desirable Pleasant Hill Lakes area of Kissimmee, offering the perfect blend of privacy, space, and Florida outdoor living. Tucked away on an oversized lot with tranquil pond views directly behind the property, this 4-bedroom residence delivers a lifestyle that is increasingly hard to find—room to spread out, space for your boat or RV, and peaceful surroundings while still being close to everything Central Florida has to offer. From the moment you arrive, the expansive driveway and mature setting create a true estate-style feel. Inside, the home features a functional split floor plan with spacious living areas, an oversized primary suite with a large walk-in closet and oversized bath, and a generously sized kitchen with granite countertops, updated appliances, and abundant cabinet space. Step outside to enjoy the oversized screened-in pool and covered rear porch, the perfect setting for entertaining, relaxing, or simply enjoying the serene pond backdrop where fishing and nature become part of your everyday lifestyle. Recent improvements include a newer roof, brand-new carpet, and updated kitchen appliances, offering an excellent foundation for buyers looking to personalize and add their own modern touches over time. The oversized two-car garage provides additional storage, while the lot itself offers exceptional flexibility rarely found in today’s market. Conveniently located just minutes from shopping, dining, schools, Valencia College, SunRail, major roadways, and approximately 20–30 minutes from Disney, Universal, SeaWorld, and Orlando’s top attractions, this property offers the ideal combination of land, location, and lifestyle. Homes with this much space, privacy, and potential rarely come available—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.
