Welcome to one of East Orlando’s hidden gems in the highly sought-after community of Georgia Cove. Tucked near Lake Georgia with immediate access to 417, close to UCF, shopping, dining, and downtown Orlando, this stunning corner-lot pool home combines space, style, and functionality in one unforgettable package. Offering 4 bedrooms, 3 full bathrooms + office/den, and 2,682 square feet of living space, this home also features a spacious 3-car garage and a resort-style heated saltwater pool retreat in the fully fenced backyard. Stepping inside you’re immediately greeted by soaring vaulted ceilings and a dramatic split staircase that creates a grand first impression. The elegant foyer opens to formal living and dining spaces while the staircase uniquely wraps around to provide access from both the front entry and the main living and kitchen areas, adding both beauty and functionality to the layout. The heart of the home is the beautifully updated country-chic kitchen featuring granite countertops, decorative tile backsplash, stainless steel appliances, a double oven range, upgraded cabinetry, and an extended butcher block island perfect for gathering and entertaining. Above the microwave, a custom wood hood-style feature adds warmth and charm, while the oversized walk-in pantry with a swing door and decorative chicken wire detail delivers character rarely found in homes. Downstairs also includes a private office/den with French doors conveniently located next to a full bathroom, making it an ideal setup for guests, multi-generational living, or a potential fifth bedroom option. Throughout the home, thoughtful design details create warmth and personality, including wood accents around windows, custom barn doors, and inviting living spaces filled with natural light. Upstairs features luxury vinyl plank flooring throughout and leads to four spacious bedrooms, including an incredible primary suite overlooking the backyard oasis. The primary bedroom showcases a beautiful wood accent wall, dual oversized walk-in closets, and French doors with enclosed blinds opening to a private covered balcony complete with roll-down privacy shades. A dedicated brand new mini-split system was added to the primary suite for those who prefer an extra-cool sleeping environment. The fully renovated primary bathroom feels like a spa retreat with a frameless glass shower enclosure, decorative tilework, oversized niche, freestanding soaking tub beneath a chandelier, and upgraded vanities, mirrors, fixtures, and hardware throughout. Additional upstairs bedrooms share an updated secondary bathroom featuring modern tile, black hardware accents, updated vanity, mirror, and lighting. Step outside through the rear sliders to your private backyard retreat featuring a heated saltwater pool with sun shelf, beautiful rock landscaping, a fire pit gathering area with string lighting, a storage shed, and plenty of green space to enjoy. The fully wood-fenced backyard creates the perfect setting for entertaining, relaxing, or enjoying Florida evenings year-round. Major updates include a brand-new water heater (2026), AC system (2022), and a BRAND NEW ROOF to be installed prior to closing, offering peace of mind for years to come. Other updates throughout include an updated irrigation system, hanging rack storage in the garage, and a smart deadbolt on the front door. Homes in Georgia Cove rarely hit the market, make an appointment to see it today!
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.
