Golf Course Pool Home on a Cul-de-Sac in Timacuan Tucked at the end of a quiet cul-de-sac in Lake Mary's sought-after Timacuan golf community, this 4-bedroom, 2.5-bath pool home offers the backyard most buyers only dream about. AC replaced in 2022, A heated screened pool and raised spillover spa sit on an expansive paver deck framed by sweeping views of the golf course fairway, a tranquil pond, and protected conservation beyond — no rear neighbors, just wide-open Florida sunsets. Inside, nearly 2,500 square feet of light-filled living space has been refreshed with rich wood-look flooring across the main living areas and all four bedrooms, plus fresh designer paint throughout. The heart of the home is a bright, open great room where the kitchen — featuring stainless steel appliances and a sunny breakfast nook — flows effortlessly into the family room and out to the lanai through pocketing glass sliders. Separate formal living and dining rooms up front give you room to entertain in style. Upstairs, the oversized primary suite is a true retreat, easily fitting a king bed plus a sitting area, with a spa-like en-suite bath boasting a dual vanity, a jetted garden tub, a separate shower, and a private water closet. Three additional bedrooms, a full bath, and a versatile loft/bonus space — ideal as a home office, playroom, or media room — complete the second floor. A convenient interior laundry room and a downstairs half bath with direct pool access round out the smart, functional layout. Additional highlights include a paver driveway, dual-zone air conditioning, and a 2-car garage (currently converted into a spare bonus room which can be converted back). All of this in Timacuan — a master-planned golf and country club community — zoned for top-rated Seminole County schools and just minutes to I-4, SR-417, SunRail, the Lake Mary Sports Complex and Tennis Center, and abundant shopping and dining, with Orlando Sanford International Airport a short drive away. Golf course cul-de-sac homes like this don't last. Schedule your private 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.
