Gracefully positioned along the 9th hole of Eagle Dunes Golf Club, this impeccably maintained townhome offers sweeping golf course views and refined Florida living within the 24-hour guard-gated community of Sorrento Springs. This highly desirable three-bedroom, three and one half baths residence welcomes you with rich hardwood floors and a light-filled, open kitchen where expansive windows frame tranquil views of rolling fairways and open skies. The thoughtful layout provides both comfort and elegance, ideal for everyday living and entertaining alike. The first-floor primary suite is a peaceful retreat, featuring a generous walk-in closet and a spa-inspired en-suite bath designed for relaxation. Upstairs, two beautifully appointed en-suite bedrooms each enjoy breathtaking golf course vistas, while an open loft space with built-in desk and storage offers a perfect setting for a home office, reading nook, or creative workspace. Step outside to the supersized covered and screened patio, where serene panoramic views create a soothing backdrop for morning coffee, sunset evenings, or quiet moments of reflection—an outdoor sanctuary to be enjoyed year-round. Truly oversized two-car garage with extra storage space forward of the parking spaces and a pull-down attic access provides exceptional storage, while the exterior-maintenance-free lifestyle ensures effortless, turn-key living. Residents of Sorrento Springs/Sorrento Hills enjoy an exceptional array of amenities, including the 18-hole Eagle Dunes Golf Course, clubhouse with fitness center, resort-style community pool, pavilion, playground, tennis courts, and basketball court. Ideally located just minutes from shopping, dining, Publix, and professional services, with easy access to major roadways, SR-429, and only 15 minutes from the charm of historic downtown Mount Dora. This is a rare opportunity to embrace refined golf-front living in a beautifully maintained home where comfort, convenience, and natural beauty come together in perfect harmony.(Home under video/audio surveillance)
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.
