PRICE IMPROVEMENT! Welcome to this beautifully updated 4-bedroom, 2-bath home offering 2,339 square feet of stylish, functional, and open living space designed for both everyday comfort and effortless entertaining. RECENT ENHANCEMENTS elevate this home’s appeal, including a custom-built entertainment wall with integrated shelving in the family room (2024) and new LUXURY VINYL flooring throughout the hallways, kitchen, and family room (2024). The spacious laundry room features custom cabinetry, providing both convenience and abundant storage. The open-concept kitchen is a true centerpiece, complete with granite countertops, newer appliances, and an expansive island with generous seating—perfect for gatherings large and small. Granite surfaces continue into both bathrooms, adding a cohesive touch of quality throughout the home. All bedrooms are generously sized, including a spacious primary suite featuring a large walk-in closet. Thoughtful upgrades such as a WHOLE HOUSE WATER FILTRATION SYSTEM with reverse osmosis (2024), a 2020 roof, and SOLAR PANELS for maximum energy efficiency (to be paid off by the Sellers at closing) gives peace of mind and long-term value. Step outside to a sizable backyard enclosed with vinyl fencing enhanced by solar-powered lighting (2022), creating a private and inviting outdoor retreat. The garage is oversized with attached overhead storage racks. Residents enjoy easy access to community amenities including a pool, picnic area, playground, and a scenic walkout pier overlooking the pond—ideal for relaxing or casting a fishing line. Everyday conveniences such as Publix and the new Target are just a short drive away, along with the vibrant shopping and dining options of Lake Nona. Nearby destinations include Medical City—home to Nemours Hospital, the VA Medical Center, and UF & UCF teaching centers—as well as the USTA National Campus, open to the public and featuring world-class tennis and pickleball facilities. This home combines modern updates, energy efficiency, and a prime location—ready for you to move in and enjoy. SCHEDULE YOUR PRIVATE SHOWING TODAY!
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.
