Welcome to your Luxury Dream Home in Beautiful Clermont, Fl. Nestled in the sought-after community of Hartwood Landing, this stunning home combines modern elegance with everyday comfort. Boasting 6 bedrooms, 4.5 bathrooms, huge loft, and a flex room in a very spacious 4,291 square feet of living space, this property is perfect for families or those who love to entertain. You will absolutely love the kitchen area with the very expansive island. Its enormous must see in person to appreciate. As you step inside, you're greeted by an open-concept floor plan filled with natural light, high ceilings, and premium finishes. The chef-inspired kitchen features quartz countertops, stainless steel appliances, and ample storage, making it a dream for any culinary enthusiast. The expansive living and dining areas flow seamlessly, providing a welcoming space to host gatherings or relax with loved ones. The primary suite offers a tranquil retreat with a luxurious ensuite bath and a walk-in closet. This primary bedroom is on the first floor. Additional bedrooms are generously sized and ideal for guests, a home office, or a playroom. Step outside to your private backyard oasis, complete with outdoor features like a super-sized lanai, backed up to a conservation area, get your exercise on with a very nice walking trail. Two dog parks are within the community. Many social activities as well. It's the perfect spot to enjoy Florida's year-round sunshine. Located just minutes from top-rated schools, shopping, dining, and major highways, also the sensational Olympus Project. This is one of the fastest growing areas in the entire state of Florida. This home offers the perfect balance of convenience and serenity. Don't miss the opportunity to make this incredible property yours! Schedule your private showing today and experience the lifestyle you've been dreaming of.
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.
