Welcome to refined Florida living in this exceptional Iris model, gracefully nestled in the highly coveted Village of LaBelle North in The Villages. This beautifully constructed Block and Stucco home offers 3 Bedrooms and 2 Bathrooms and features a 2-Car Garage + Golf Cart Garage providing ample storage and convenience for the Active Villages Lifestyle. What an exceptional setting—Panoramic Water and Golf Course Views from the Lanai, Kitchen, Nook, Living Room and Primary Bedroom—providing a rare sense of space, privacy, and peaceful surroundings that truly feels like your own private retreat and You have a view of the 1st Tee Box for the Tequesta Championship Course at Belle Glade CC. Step through the elegant leaded-glass entry door crowned with a transom window that welcomes abundant natural light. Inside, refined finishes and premium upgrades define the space. Crown molding throughout and Plantation Shutters in all rooms with the exception of the Guest Bedrooms add timeless sophistication. Ceramic tile laid diagonally flows seamlessly throughout the main living areas, complemented by luxury vinyl plank flooring in the Bedrooms for warmth and style. The well-appointed kitchen is designed for both everyday living and entertaining, featuring granite countertops, a double door pantry, convenient pull-out shelves in lower cabinets and pantry, newer SS appliances, under counter lighting and a cheerful eat-in nook area where you can enjoy the stunning panoramic views while sipping your morning coffee. The expansive living room offers plenty of space for gathering with family and friends and is perfectly positioned to capture the home's incredible water and golf course scenery. Just beyond, the enclosed lanai provides a peaceful retreat with breathtaking panoramic Water and Golf Course with golf cart bridge. The Primary Bedroom also has the beautiful view and an en-suite Bathroom with a Tiled Roman Walk In Shower and Large Walk in Closet. The Guest Suite provides privacy with a pocket door going to both Bedrooms with closets and the guest bathroom with a tile surround tub. The inside Laundry area has an overhead cabinet for storage. LOCATION, LOCATION, LOCATION - Belle Glade Golf & Country Club is a 2 minute walk to Golf and Dining. This exceptional home is just 18 minutes to Brownwood Paddock Square and 23 minutes to Lake Sumter Landing by golf cart where you'll enjoy shopping, dining, entertainment, and all the amenities that make The Villages one of Florida's Premier Active Adult communities. Don't miss this rare opportunity to own a beautifully maintained Iris Model with outstanding views, lovely upgrades, and an unbeatable location. Call Me today for a private showing.
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.
