Welcome home to 370 Argyll Drive — where comfort and warmth greet you as soon as you enter the door. Lennar's Hartford model, built in 2022, was designed to bring elegance and coziness together in a beautiful Florida setting. Set in the highly sought after Isles of Avalon neighborhood, this home offers low HOA fees, a myriad of amenities, convenient location, friendly neighbors, and a sense of community like no other! Sitting high and dry, this home offers comfort, convenience, and a layout that checks all of the boxes for beautiful Florida living! Once you step through the new glass paneled front door into the foyer, you’ll by greeted by an inviting split and open floorplan, perfect for any season of life you may be in! This home is highlighted by a gorgeous chef's kitchen, complete with a breakfast bar island, new appliances, shaker cabinets, and an oversized pantry. Not to mention the details put into the design of this home such as, rounded corners, tile flooring in the main living areas, and wood-look tile in all bedrooms—a stylish, low-maintenance combination perfect for both busy weekdays and relaxing weekends. The split floorplan creates just the right amount of privacy, with the owner’s suite tucked away and featuring a spa-inspired bathroom, dual sinks, a walk-in shower, and a huge master closet! The main living and dining spaces flow seamlessly, making the home feel bright, open, and welcoming. Step outside to an oversized screened-in porch, ideal for morning coffee, evening unwinding, or entertaining friends and family in the Florida breeze. The location checks every box, just miles from major hospitals, a variety of restaurants, convenient shopping, and quick access to the Suncoast Parkway—making commutes and weekend plans effortless. Modern. Comfortable. Convenient. 370 Argyll Drive brings together the best of Florida living—come see what makes this home stand out above the rest!
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.
