GOLF COURSE COMMUNITY. NEWLY REMODELED HOME. UPGRADED FLOORS AND LIGHTING. This freshly updated 2017 3-bedroom, 2-bathroom, 2-car-garage golf course home is in mint condition and move-in ready. It was just updated in 2026 with new paint both inside and out, freshly polished wood flooring, new carpeting, some newer lighting and fixtures, a new brick patio, freshly updated landscaping, and new epoxy garage floor. The open design of the kitchen and living area with their light, neutral colors maximize usable floor space in this home and help create a bright and cheery interior. The split bedroom plan offers a large master suite on one side with two secondary bedrooms on the other. The open eat-in kitchen offers granite countertops, hanging decorative lighting, a breakfast nook, and countertop seating for the whole family. Large, separate front room can be used as a formal dining room, home office or family TV room. Home has a nice rear view of the fairway yet is located with a long setback from the tee box area, making it ideally located from any line of play. Upgraded flooring and decorative fans and lighting throughout the home from the original builder’s grade add a lot to the look and appeal to this home. Sprinkler system with timer and zones. Refrigerator is not sold with home; seller concession for a new frig with the right offer. Sherman Hills golf course community hosts a community center with swimming pool and tennis court, and the golf clubhouse with bar and lounge, pro shop, carts, practice range and putting green right next door. Enjoy an affordable Florida luxury lifestyle with a host of social and recreational amenities right in your own neighborhood. Low HOA fee, No CDD fee. Pets are welcome.
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.
