Welcome to this stunning 2020-built home located in the highly desirable Bellalago community in Kissimmee. Situated on an impressive 13,504 sq ft oversized lot, this exceptional property offers added privacy, space, and room to truly enjoy Florida living. This spacious 4-bedroom, 4.5-bath residence with a 3-car garage offers 2,920 sq ft of modern, open-concept living. Featuring the popular St. Croix floor plan by Taylor Morrison, this thoughtfully designed home includes a versatile flex room and a private en-suite bathroom for every bedroom—perfect for guests or multigenerational living. The gourmet kitchen showcases quartz countertops, a separate butler’s pantry, and all appliances included. Tile flooring flows throughout the entire home. Enjoy energy efficiency with fully paid-off solar panels and a whole-house water filtration system. Additional features include a spacious laundry room with storage shelving and a utility sink in the garage. Step outside and embrace the Florida lifestyle from your screened lanai, where peaceful views of mature trees create a private and serene backdrop. The expansive backyard—made possible by the oversized .31 acres lot—offers exceptional outdoor living potential, perfect for entertaining, play, or even designing the custom pool of your dreams. Located in the premier gated, lakeside Bellalago community, residents enjoy resort-style amenities including two clubhouses, multiple fitness centers, three pools, a water park, tennis, basketball and volleyball courts, walking and biking trails, lots of conservation areas with mature trees and wild life including bald eagles, a private boat ramp to Lake Tohopekaliga for boating and fishing, and a dedicated dog park. Bellalago also hosts community events and activities for all ages, creating a vibrant and welcoming atmosphere. Conveniently located just minutes from Bellalago Academy, 2 miles from AdventHealth ER, 16 miles from Walt Disney World, and 21 miles from Universal Orlando Resort including Epic Universe, this home offers the perfect blend of luxury and convenience. Move-in ready and beautifully upgraded—this is Bellalago living at its finest.
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.
