Country Freedom Meets Modern Renovation: If you’ve been searching for a beautifully renovated home with land, room to breathe, room to build, and zero HOA telling you what you can’t do, this is the one you’ll want to see first. Set on peaceful acreage just minutes from The Villages, this fully updated 4-bedroom, 3-bath home gives you the rare combination of modern finishes, functional outbuildings, and a true country-living feel, all while keeping you close to everything. Roof & AC: 2025 Step inside and you’ll immediately notice the thoughtful renovation. The entire home features brand-new wood-look tile flooring—durable, stylish, and perfect for country living. Fresh interior and exterior paint brings a clean, crisp look throughout. The heart of the home is the newly redesigned kitchen, complete with all-new cabinetry, quartz countertops, and modern appliances—a space that feels custom-built and ready for big meals, gatherings, and everyday comfort. But the magic of this property extends well beyond the walls. Out back sits a three-car barn/workshop, designed for serious hobbyists, equestrians, small-business owners, or anyone who simply wants a place to create, store, or build. With its own tack room and bathroom, it’s a dream setup. The property also includes two free-standing stalls plus two additional stalls attached to the rear of the barn, offering flexible options for horses, goats, or your future homestead animals. Need extra storage or parking? You’ll have a 1-car garage, carport, and a separate enclosed storage area—space for tools, toys, tractors, or whatever lifestyle you choose to live. ***This property is full of potential: A small homestead? Easy... A workshop or hobby space? Already built... A place to bring your animals? Stall-ready... A home where you’re not restricted by an HOA? Finally...*** And best of all: you get the peace and privacy of the countryside without sacrificing access. You’re just minutes from The Villages, giving you top-tier convenience with the feeling of being worlds away.
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.
