POOL HOME! Experience Florida living at its best in this beautifully maintained 3-bedroom, 2-bath pool home, situated on the 10th hole/tee of the Whispering Oaks Golf & Country Club community. This immaculate home features a flowing floor plan designed for effortless living, centered around a great room with an inviting electric fireplace, transom windows, and sliders that open to your backyard oasis. The gourmet kitchen has been thoughtfully updated with granite counters, stainless appliances, beautiful wood cabinets, skylights that fill the space with natural light and a pass-through window for relaxing by the pool. The owner's suite is a luxurious retreat, offering a sprawling walk-in closet and a spa-like en-suite bath with a recently updated double vanity with granite counters. Two additional, generously sized bedrooms provide ample space, with one offering direct access through the sliders to the sparkling pool area, making it an ideal option for a home office or guest room. Hall bath also updated with new vanity, granite counters. Relax or entertain on the expansive lanai while enjoying the tranquil, scenic views of the golf course and the natural setting beyond. This home provides the ideal blend of luxury, comfort, and peaceful surroundings. The owner has updated both bathrooms, installed a new HVAC motor in 2023, new pool pump 2023, rebuilt garage door and opener installed 2023, Fireplace added 2022, just a few things and the tile flooring is through-out this wonderful home! The adjacent golf course has sold and sources say the new owner is renovating the clubhouse and the golf course will be beautiful once completed adding to the value of this well priced home. Don't miss your chance to for Florida living at it's finest! Owner is offering a Home Warranty which includes the pool equipment.
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.
