Is there a move-in ready 2-bed condo villa in Coconut Creek with private outdoor living space and resort-style community amenities? This attractive residence in Karanda Village I at The Township offers 2 bedrooms, 2.5 bathrooms, 1,182 square feet of living space, dual primary suites, a large fenced courtyard, and valuable recent updates designed for comfortable South Florida living. Welcome to 3349 Cocoplum Circle, Unit 33129, a charming two-story attached condo villa located in the desirable Karanda Village I community within The Township. Priced at just $249,999, this well-maintained home offers an ideal combination of functionality, privacy, and lifestyle amenities. The thoughtfully designed floor plan features two spacious primary suites upstairs, each complete with its own en-suite bathroom and closet, providing exceptional comfort and flexibility. A convenient half bath and in-unit laundry are located on the first floor for added convenience. The open-concept kitchen showcases granite countertops, a breakfast bar, and newer appliances, creating an inviting space for everyday living and entertaining. The dining area flows seamlessly to the outdoor patio through sliding glass doors, allowing natural light to fill the living spaces. A new washer, newer appliances, and a recently installed air conditioning system contribute to the home's move-in ready appeal, while the condominium association's newly installed roof offers additional peace of mind. One of the standout features of this property is the generous fenced courtyard patio, providing a private outdoor retreat perfect for dining, entertaining friends and family, gardening, or simply enjoying the Florida sunshine. Private balconies further enhance the outdoor living experience. Residents enjoy access to The Township's popular amenities, including community pools, parks, walking trails, and recreational opportunities that support an active lifestyle. Conveniently located near shopping, dining, and major transportation routes, this home offers easy access to everything Coconut Creek has to offer. Whether you're seeking a full-time residence, seasonal getaway, or low-maintenance investment opportunity, this villa presents exceptional value in a highly desirable community.
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.
