Welcome to this stunning, move-in-ready home nestled within the desirable gated community of Reagan Point. Built in 2018 by David Weekley Homes, this beautifully designed 3-bedroom, 2 full and 1 half-bath residence offers 1,675 square feet of thoughtfully crafted living space that perfectly blends modern elegance with everyday comfort. From the moment you arrive, you’re greeted by a charming fenced front yard and a welcoming sidewalk that leads to a covered front porch—an ideal spot to enjoy your morning coffee or unwind in the evening. Step inside and immediately experience the bright, open-concept layout where the kitchen, living, and dining areas flow seamlessly together, creating an inviting space perfect for both entertaining and daily living. At the heart of the home, the kitchen is truly a showpiece. A large, elegant center island anchors the space, complemented by custom cabinetry with detailed molding, a sparkling backsplash, and an upgraded stainless steel GE appliance package. The built-in microwave and oven enhance both style and functionality, while the cooktop and designer range hood add a touch of sophistication. Ceramic tile flooring, recessed lighting, and abundant natural light complete this impressive space. Upstairs, the spacious primary suite is a true sanctuary, featuring a beautifully detailed ceiling that draws the eye and elevates the room’s character. The en-suite bathroom continues the home’s upscale feel with elegant quartz countertops and refined finishes. Two additional bedrooms share a well-appointed full bathroom, and a dedicated laundry room with custom cabinetry adds convenience and organization. A rear-entry two-car garage enhances both curb appeal and functionality, while the community itself offers wonderful amenities including a playground and pool—all within the security of a gated neighborhood. Ideally located near top-rated schools, shopping, dining, major highways, and Orlando-Sanford International Airport, this home combines comfort, style, and convenience in one exceptional package. This is more than just a home—it’s a lifestyle. Come experience the warmth, elegance, and ease of living that this beautiful property has to offer.
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.
