WOW look at this gorgeous 2nd story, single floor living, updated condo with low HOA Fees of 335 a month. There are not many condos that are that low in the HOA Fees. The roofs and painting were completed within the last few years and the HOA has reserve funds!! Many updates have been done to this home over the last 5 years. Upgraded custom kitchen with quartz counter tops and beautiful wood cabinetry and island with storage. The brushed gold door hardware adds that custom touch that is all the rage in the model homes! The Interior has been freshly painted with neutral colors and custom upgraded window treatments. Enjoy the master bathroom retreat with upgraded vanities and plenty of storage. The custom built in closet allows you to store plenty of clothes and accessories so you can stay organized. The beautiful vinyl plank flooring throughout the living area is easy care so cleaning is a breeze!! Cooking is a breeze in the kitchen because there is so much storage and the appliances are well maintained and are only 6 years old. Enjoy celebrations in your large dining room with gorgeous custom lighting. There is plenty of room for the whole family for the holidays. Need more storage? The garage has built in overhead storage and it also has a new garage door opener. Great for the storage of those precious Christmas ornaments and memories. The nest thermostat stays along with the ring doorbell and the hot water heater is 2023. One of the best parts of this condo is the huge screened in Lanai. Enjoy peaceful outdoor Florida living. New roofs were installed in 2023, exterior painting outside in 2022 and new gutters in 2025. Carriage Homes at Dunwoody has a great community pool. It is conveniently located to I-4, SR-417, shopping, restaurants and a lot more. Zoned for Region 1 Elementary School, Sanford Middle School and Seminole High School.
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.
