Fully renovated and thoughtfully redesigned, this move-in-ready residence blends modern style with quality craftsmanship throughout. Every major component has been updated, creating a fresh, cohesive look from top to bottom. The house has not flooded or been damaged by a flood. The exterior features new impact-rated hurricane windows and doors, including expansive bifold doors that open seamlessly to the outdoor living area and a French door accented by full-height sidelights that enhance natural light. A new roof and newly installed irrigation system add long-term value and peace of mind. Inside, large-format porcelain tile flooring anchors the main living areas with a clean, contemporary feel. The open layout creates excellent flow between spaces, making everyday living and entertaining effortless. Recessed lighting and updated fixtures provide a bright, inviting atmosphere. The remodeled kitchen serves as a focal point, showcasing stone countertops, a dramatic waterfall bartop, and a full-height backsplash. Modern cabinetry, updated hardware, and sleek appliances complete the design, combining function and style. Bathrooms have been completely reimagined with striking tile selections, glass shower enclosures, and upgraded vanities with backlit mirrors. Each space reflects careful attention to detail and a refined finish. Additional upgrades include: • Impact-rated windows and doors • New roof • Updated flooring throughout • Renovated kitchen and baths • Modern lighting and hardware • Newly installed irrigation system From structural improvements to designer finishes, no detail has been overlooked. This property delivers durability, comfort, and contemporary design in one cohesive package—ready to enjoy from day one. Some photos have been virtually rendered.
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.
