Nestled on a premium corner lot in the desirable 55+ community of TREE TOPS, this home is ideally located directly across from a large common open area, providing an enhanced sense of space and a beautifully open feel. This exceptionally maintained residence welcomes you with a freshly painted exterior and outstanding curb appeal. Surrounded by professional landscaping, mature trees, and vibrant seasonal blooms, the fenced backyard offers a private retreat highlighted by a spacious sunroom...perfect for enjoying peaceful mornings and picturesque views of the lush green landscape. Step outside to your private patio, complete with an outdoor kitchen that is perfect for dining and entertaining. Added exterior lighting beautifully showcases the home’s stunning grounds after sunset. Welcome inside to an airy, open-concept floor plan flooded with natural light. Beautiful hardwood flooring has been seamlessly added throughout the entire home, including the family room, guest bedrooms, primary bedroom, and walk-in closets, ensuring a carpet-free, luxurious feel. The inviting family room features a cozy fireplace, creating the perfect centerpiece for relaxation. The chef’s kitchen features crisp white cabinetry, elegant granite countertops, an oversized island ideal for everyday living and entertaining, AND direct views of the beautiful, private backyard. The generously sized owner's suite serves as a private sanctuary, boasting dual vanities, a spacious walk-in shower, and a large, custom-designed walk-in closet. This retreat also features a dedicated sitting area or home office that seamlessly connects into the sunroom, offering a peaceful, private flow. The upgrades extend to the 3-car garage, which has been fully finished, painted, and features painted floors. Convenient pull-down attic stairs leading to a floored attic space were added, providing bonus storage. Tree Tops is a gated 55+ community surrounded by nature & designed for an active, connected lifestyle. Residents enjoy a beautiful 10-acre lake with walking trails, a fishing pier, & 2 kayak launch docks. The clubhouse offers a spacious social room w/ kitchen for larger gatherings and a lower-level fitness center. Relax at the inground heated pool w/ ample deck space or stay active on the pickleball, tennis, and bocce courts. The community also features an activity park with putt-putt golf, cornhole, and horseshoes, plus pocket parks throughout the neighborhood. Dog lovers appreciate the enclosed dog park, and nature enthusiasts will enjoy the rookery. Cabin Village hosts smaller clubs & meetings & includes a billiards room, postal delivery office, & HOA offices. With full-time gate guards, a full-time activities director, & many clubs & social activities, Tree Tops offers both security & a vibrant community lifestyle.
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.
