Welcome to a beautifully upgraded Florida retreat where thoughtful design, modern comfort, and resort-style outdoor living come together seamlessly. Nearly every feature of this home has been enhanced with quality craftsmanship and attention to long-term value. The exterior boasts a new roof (2021), hurricane impact windows (2019), a fully repainted façade, and upgraded electrical service including RV/boat hookups. The property is surrounded by a premium privacy fence and features breathtaking landscaping with over 80 varieties of mature palm trees, creating an instant tropical ambiance. Inside, the home has been transformed with premium Shaw vinyl flooring, upgraded baseboards, fresh interior paint, added cabinetry, and a beautifully updated guest bath. Both bathrooms were outfitted with February 2024 multi-function bidet toilets, elevating comfort and convenience. One of the standout interior features is the installation of custom plantation shutter–style window treatments throughout the home (2023). These high-quality shutters include locking hinges, operable louvers for perfect light control, and the ability to swing completely open for easy window access and maintenance—all while adding timeless elegance to every room. The kitchen is a showpiece, custom-designed with a reconfigured layout, built-in island, relocated stove, upgraded cabinetry, a lazy Susan, a pull-out spice rack, luxury countertops, and independently installed tile accents. Oversized sliding windows extend the kitchen’s functionality to an outdoor bar area—perfect for entertaining. Step outside to an unparalleled tropical oasis. A professionally constructed Big Kahuna tiki hut (2024) anchors the backyard experience with premium decking, a hand-painted pool deck, a fully equipped outdoor kitchen, and an elevated enclosure designed for an 86” TV. The newer Wi-Fi-enabled Jandy pool system blends beautifully with the natural setting, offering an effortlessly enjoyable outdoor lifestyle. Additional upgrades include new water valves, a concrete slab for a jacuzzi, a stone accent wall in the master bedroom, a custom dolphin mailbox, and a brand-new gun safe included with the home. Smart home systems run the AC, pool, garage, and water heater effortlessly through app control. Security is enhanced with both Ring and transferable ADT systems. The optional adjoining Thornhill Drive lot offers even more potential. Fully cleared, privacy fenced in unison with the primary property, equipped with a permitted 2020 paver driveway, and featuring a double gate for RV or boat access, this lot expands the functionality and possibilities of the property tremendously. This home is a rare combination of luxury, comfort, and thoughtful upgrades—offering a move-in-ready sanctuary that captures the essence of Florida living. A truly exceptional property for the next fortunate owner.
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.
