Short Sale. Welcome Home to Comfort, Charm, and Endless Possibilities! Don’t miss the opportunity to own this spacious 4-bedroom, 2-bathroom home with over 2,200 square feet of living space—PLUS a converted garage that adds even more flexibility to your floor plan! Thoughtfully maintained and tastefully updated, this home offers a unique blend of modern upgrades and classic charm, all set on a .29-acre lot backing up to conservation for added privacy. ***No Rear Neighbors*** Step inside to discover an open-concept layout designed for easy living and entertaining. The kitchen, breakfast nook, and family room flow seamlessly together, creating a versatile space that adapts to your lifestyle. The kitchen boasts large windows over the sink, filling the space with natural light, along with ample cabinetry and a barn-door pantry that blends style with practicality. A feature wall in the living room adds a pop of personality, while the luxury vinyl flooring and ceiling fans in all bedrooms provide comfort and durability throughout. The converted garage is a true bonus, offering a spacious area perfect for a fifth bedroom, home office, gym, or game room—you decide! The oversized laundry room with built-in cabinets and direct backyard access is another standout feature, ensuring plenty of storage and functionality. This home is packed with major updates, so you can move in with confidence: New Windows and Sliding Glass Doors (1–2 years old) New Insulation (1–2 years old) Sewage Line Replaced (2021/2022) New Stove and Dishwasher (1–2 years old) AC System (Installed 2017) Newer Roof (Replaced 2021) Newer Solar Panels (Installed 2022) And here’s the best part: thanks to the solar panels, the sellers often receive a credit from the power company, making this home not only energy-efficient but also budget-friendly! Step outside to your private backyard oasis, complete with a large screened porch, a fire pit, and two storage sheds. Whether you're hosting a barbecue, gathering around the fire pit, or simply relaxing with a morning coffee on the front patio, this home offers countless ways to enjoy the Florida lifestyle. The large driveway easily accommodates four or more vehicles, making parking a breeze for you and your guests. Nestled in a peaceful, non-HOA community, this home is conveniently located just minutes from shopping, dining, top-rated schools, and local attractions. And for the boating enthusiast? This family-friendly neighborhood is perfect for those who love nautical adventures—with no HOA or CDD fees to limit your lifestyle. Whether you're looking for space to grow, a backyard to entertain, or a home packed with modern upgrades, this property checks all the boxes. Don’t miss your chance to make it yours—schedule a showing today and see how this home could be the perfect fit for your family!
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.
