Welcome to the premier 55+ gated community of Grand Horizons—where you own your land! Whether you’ve always dreamed of being a snowbird or you’re looking to enjoy Florida full-time, don’t miss this opportunity to make this lovely home yours. Come take a look at this beautifully maintained property in one of the most sought-after communities in the area. Grand Horizons offers safety, comfort, camaraderie, and a full calendar of activities to enjoy. This 3-bedroom, 2-bath home is truly turn-key and comes with an impressive list of upgrades, ready for you to move right in. This home features well-manicured landscaping on a desirable corner lot, complete with palm trees, curbing, an updated exterior, and a spacious double carport. Inside, you’ll find new laminate flooring and fresh paint throughout, along with 2022 double-pane windows finished with marble sills. Plantation shutters brighten every room and add an elegant touch. Major improvements include a NEW rubber roof (2024), NEW HVAC system (2021), and new air ducts, offering comfort and peace of mind for years to come. Enjoy the glass-enclosed front Florida room with its own window unit, ideal for morning coffee or relaxing afternoons. The attached workshop, complete with AC, offers the perfect space for projects or storage. Inside, you’ll find an open-concept layout with the living room, dining room, and remodeled kitchen flowing seamlessly together. The kitchen offers abundant counter space, extensive cabinetry including two pantry towers, a newer disposal, and stainless-steel appliances—featuring a four-door refrigerator, dishwasher, range, and range hood. The home is finished with luxury vinyl flooring, laminate flooring, and fresh paint throughout, creating a clean and updated look. All three bedrooms are generously sized and provide ample closet space. The two bathrooms provide great storage and raised toilets for added convenience. The primary suite features a stunning 40" x 80" Westshore walk-in shower with double sinks. The sellers have invested in numerous upgrades, making this home truly stand out. With low HOA fees of just $70/month and fantastic community amenities—including a large, heated pool, hot tub, shuffleboard, and a full calendar of activities such as bingo, cards, water aerobics, and more—you’ll enjoy both comfort and value. This home is move-in ready and shows beautifully. Schedule your 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.
