Step into the Florida lifestyle you've been dreaming of with this stunning home located in the sought-after Grand Horizons Community. This gorgeous fully renovated 2-bedroom, 2-bath home is filled with updates that will have you falling in love the moment you arrive. As you pull into the driveway, you'll immediately notice the spacious two-car carport, offering plenty of parking and shade. Just to the left, you'll find a beautifully updated Florida room featuring new roof. This is the perfect spot to unwind with your morning coffee or relax in the evening breeze. To your right is a large work shop for all your DIY projects. Step inside, and you'll be greeted by a bright and airy floor plan that feels both inviting and functional. The open concept living room and dining area provide a wonderful space for entertaining or simply relaxing. The newly renovated kitchen is a true delight with ample cabinets, drawers, counter space and pantry plus a cozy breakfast nook for casual dining. The conveniently located laundry closet houses a washer and dryer, making chores a breeze. The spacious primary bedroom is designed for comfort, easily accommodating a king-size bed. The en-suite bathroom has been beautifully updated giving it a fresh and modern feel. On the opposite side of the home, the guest bedroom is equally generous in size and can easily fit larger furniture, providing a welcoming retreat for visitors. Recent updates throughout the home include fresh interior paint, new flooring, updated bathrooms, new ceiling fans, faucets and door hardware ensuring you can move in without a worry. Exterior updates in 2025 include a new roof, carport, vinyl siding, vapor barrier, home leveling, and water heater. The air conditioning unit and windows were also replaced in 2020. This property includes Rain Bird four zone in ground irrigation system on a separate water meter so you can keep your yard green without having to pay those dreaded sewer costs. Location is everything, and this home is perfectly situated across from the Grand Horizons' pool and clubhouse. Whether you want to take a refreshing swim, join a game of shuffleboard, or participate in social events at the clubhouse, everything is just steps away. If you're looking to retire early and soak up the Florida sunshine, or if you're seeking a seasonal escape from harsh winters, this home is ready to fulfill your every need. Don't miss the opportunity to make this beautiful property your own. Schedule a showing today and experience the charm of Grand Horizons living!
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.
