Welcome to 3727 N Boxelder Way, a well-cared-for 3-bedroom, 2-bath home built in 2015 that offers comfort, privacy, and thoughtful upgrades throughout. Arrive at a screened front porch, perfect for relaxing before stepping into the home. Inside, a wide foyer with a large coat closet sets the tone for the spacious layout ahead. The home features a neutral color scheme, tile flooring throughout, and recessed lighting that keeps the main areas feeling bright and modern. The living room is warm and inviting, highlighted by a skylight that brings in soft natural light. A formal dining area sits just off the main hallway, conveniently positioned between the kitchen and living room. The kitchen is designed for both everyday use and hosting, offering granite counters, custom cabinets, a gas cooktop, double built-in ovens, and a breakfast bar for quick meals. A dry bar sits just outside the kitchen—ideal for a coffee station or evening beverages. Nearby is the spacious laundry room featuring a wash sink, along with an impressive walk-in pantry for all your storage needs. The private primary suite sits on its own wing and features an oversized bedroom with French doors opening to the screened pool. The suite includes dual walk-in closets and a spa-like bathroom with a jetted tub and a rain shower. Two additional bedrooms are located on the opposite side of the home, along with an updated bathroom featuring stylish tile and a generous linen closet. Step outside to your private backyard getaway. Enjoy the screened saline pool, shaded covered seating area, and a fully fenced, cleared yard with no neighbors to the right or behind. A 10x12 storage shed offers extra room for yard tools and equipment. The side-entry 2-car garage adds convenience and curb appeal. Located in Pine Ridge Estates, one of Citrus County’s most desirable communities, this home is surrounded by miles of equestrian trails, rolling acreage, and a peaceful country setting with the convenience of nearby amenities. Residents enjoy access to an equestrian center, pickleball courts, tennis courts, a dog park, a community center, and a quiet lifestyle just a short drive from some of Florida’s most beautiful natural attractions—including Rainbow River State Park, Homosassa Springs State Park, and Crystal River, famous for its clear waters and manatees. Don’t miss your chance to experience this beautiful property—schedule your appointment 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.
