This beautiful custom-built home sits on 3.4 private acres with a scenic pond, a huge pole barn, and so many thoughtful details throughout. Built in 2010 and clearly well cared for, this home offers the space, comfort, and peaceful country setting that can be hard to find. From the moment you pull into the circular driveway, the inviting front porch and timeless curb appeal make a great first impression. The exterior features durable James Hardie siding with decorative shake accents, giving the home both charm and quality. Inside, the open floor plan feels warm and welcoming with soaring ceilings, decorative wood beams, Golden Teak hardwood flooring, upgraded lighting, and lots of natural light. The living room is anchored by a beautiful floor-to-ceiling stone fireplace with a custom mantel and granite hearth, making it the perfect gathering space. The kitchen is spacious, functional, and full of character with custom 42-inch hickory cabinets, granite countertops, stainless steel LG appliances, a large breakfast bar with decorative wainscoting, and oversized tile flooring. It opens nicely to the main living areas, making everyday living and entertaining easy. The split-bedroom floor plan gives everyone plenty of privacy. The primary suite is tucked away and features a custom wood tray ceiling, a large walk-in closet with built-in storage, and a beautiful en-suite bath with dual vanities, quartzite countertops, a garden tub with custom brick detail, and a walk-in shower with river rock flooring and glass enclosure. On the opposite side of the home, there is a second primary suite or in-law suite with its own walk-in closet and private bathroom. This is such a great setup for guests, extended family, or multi-generational living. Two additional guest bedrooms include custom closet systems and share an updated bathroom with quartzite countertops and designer tile finishes. The home also offers a fifth bedroom, dedicated laundry room, great storage, and an oversized bonus room with a walk-in closet and French doors leading outside. This space could easily be used as a sixth bedroom, media room, office, gym, playroom, or whatever fits your needs. Outside is where this property really shines. Enjoy peaceful views of the woods and pond from the covered outdoor living areas, with plenty of room to relax, entertain, and enjoy the Florida lifestyle. One of the biggest highlights is the massive 48' x 30' pole barn with an attached workshop, built-in shelving, electrical service, and an additional parking pad. Bring the boats, RVs, recreational vehicles, equipment, or hobbies because there is room for it all. With private acreage, flexible living spaces, quality finishes, and incredible outdoor amenities, this one-of-a-kind property gives you room to spread out, slow down, and enjoy the best of country living.
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.
