Wake up to quiet mornings and conservation views in this nearly new Florida retreat, tucked away on a peaceful cul-de-sac in the desirable Spring Creek community. Built in 2021, this 4-bedroom home is designed for relaxed living, effortless entertaining, and enjoying the outdoors that make Central Florida so special. The open floor plan keeps life connected — whether you’re cooking in the kitchen with quartz countertops, a gas stove and oven, gathering in the living space, or opening the doors to the covered patio to let the breeze roll in. Step outside and unwind with views of protected greenery, where evenings feel calm and weekends slow down just enough to savor them. Whether it’s slow mornings, impromptu gatherings, or weekends spent exploring nearby lakes and trails, this home fits the natural rhythm of Florida living. The private primary suite offers a quiet escape, complete with a spacious walk-in closet and serene natural views. Three additional bedrooms are thoughtfully placed in a split layout, ideal for family, guests, or a dedicated home office. Everyday convenience is built in with ample storage and an indoor laundry room that keeps life organized. Perfectly positioned near Yalaha Bakery, Highway 27, and the Florida Turnpike, this home places you at the center of some of Central Florida’s most loved destinations. Enjoy easy access to the charm of Mount Dora, the waterfront energy of Tavares, the growth and dining scene of Clermont, along with the shops, restaurants, and entertainment of Leesburg and The Villages — all just a short drive away. With a low HOA that includes fiber-optic high-speed internet, common area maintenance, and a community playground, this home delivers the ideal blend of modern comfort, natural beauty, and easy Florida living. Come home to a lifestyle built around comfort, connection, and the freedom to enjoy Central Florida at your own pace.
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.
