Welcome to your private Florida oasis, single-story 4-bedroom, 3-bathroom single story pool home on a generous 0.25-acre lot in the exclusive gated community of Cedar Creek Ranch. Make a grand entrance through impressive double entry doors into soaring volume ceilings and a light-filled, open-concept layout that creates a wonderfully spacious and airy feeling throughout. The thoughtfully designed split floor plan offers privacy for the primary suite while keeping family and entertaining spaces perfectly connected. The heart of the home is the chefs kitchen featuring gas cooking, granite countertops, stainless steel appliances, raised lighter-tone cabinetry, and abundant workspace perfect for everyday meals or entertaining. Luxury wood flooring and ceramic tile flow seamlessly through the living areas. All three bathrooms have been tastefully updated, and the primary suite boasts a spa bath with soaking tub and separate step-in shower. Private powder room. Step outside to the true showstopper: a heated screened saltwater pool and spa in a spacious screened enclosure and completely private! An outdoor kitchen featuring a grill and refrigerator station - ideal for year-round Florida living and weekend gatherings. Additional highlights include a 3-car garage with a freshly updated floor, hurricane panels for peace of mind, and a welcoming circular drive that adds instant curb appeal. Nestled in the highly desirable gated Cedar Creek Ranch community (only 77 homes) in a perfect Lake Worth/Wellington location, residents enjoy 24/7 security, resort-style amenities including tennis courts, community lake views, and low HOA fees that cover cable, internet, alarm monitoring, and common-area maintenance. This prime location offers easy access to top-rated schools, shopping, dining, and beaches. Easy commute to Palm Beach and Miami. Nearby to all Equestrian Events, Hockey, Ice Skating, Wellington Mall, Whole Foods and Target. This home delivers the ideal blend of space, style, and Florida lifestyle. Schedule your private showing today! Information contained herein is deemed reliable but not guaranteed. All measurements and square footage are approximate. Buyer and buyer's agent are advised to verify all information, measurements, lot size, taxes, school zones, and any other details important to their purchase decision.
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.
