Welcome to refined Class A living in Mount Olive Shores Phase 4 — where luxury, functionality, and community come together seamlessly. This impeccably maintained 2016 RV Port Home is thoughtfully positioned on a solid concrete slab and showcases beautiful new luxury vinyl plank flooring throughout, creating a clean, modern aesthetic. The open, inviting interior comes fully equipped with a range, refrigerator, dishwasher, ceiling fans, elegant window treatments, and a cozy fireplace that adds warmth and character to the living space. Designed with both comfort and versatility in mind, the property also includes a separate 200-square-foot air-conditioned casita complete with a full bathroom and private living area — ideal for hosting guests, creating a home office, or providing additional privacy. For the motorcoach enthusiast, the impressive 48’ x 17’ x 14.5’ covered RV port is complemented by a spacious concrete pad with full public utility hookups, ensuring convenience and ease of use for your Class A motorhome. The annual HOA fee covers basic lawn care and maintenance of common areas, allowing you to enjoy a pristine environment without the upkeep. As a gated community located just 3.5 miles from I-4, Mount Olive Shores provides quick access to shopping, top-tier medical facilities, Tampa and Orlando International Airports, and Central Florida attractions — all within approximately one hour. This deed-restricted community is specifically designed for Class A motorhome owners. Ownership or lease of a Class A motorhome is required your first year of residency, preserving the integrity and lifestyle the neighborhood is known for. Adding even greater value, the community now features a brand-new 5,000-square-foot heated and cooled Community Center. Residents enjoy a full kitchen, regulation pool and shuffleboard tables, dart boards, arcade games, a dedicated card room, library, vending area, and a covered BBQ lanai ideal for gatherings. A vibrant social calendar includes Bingo, karaoke nights, potluck dinners, holiday celebrations, and seasonal events throughout the year — fostering connection, activity, and a true sense of belonging. This is more than a property. It is a turnkey opportunity to step directly into the elevated RV lifestyle you’ve been seeking.
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.
