Gorgeous 3-bedroom, 2-bath home situated on a ¼-acre corner lot with NO HOA fees. This beautifully maintained property combines modern upgrades, functional design, and inviting outdoor living spaces. The freshly painted exterior is enhanced by a stacked stone façade and custom carriage lighting, while solar gutter lighting surrounds the home for added security. Upon arrival, you’re welcomed by a charming covered front porch. Inside, the foyer features a coat closet, smart lock entry, and a transom window that fills the space with natural light. The spacious living room offers a cozy electric fireplace with a mantel and French doors that provide delightful views of the screened-in patio. The eat-in kitchen, the heart of the home, showcases 42" upper cabinetry adorned with crown molding, under-mount task lighting, and brushed nickel hardware. Functional highlights include a stainless steel appliance package with gas range, touchless gooseneck faucet, closet pantry, recessed lighting, and a large center island with Corian countertops. A breakfast bar and breakfast nook overlook the backyard, with French doors leading to the patio. An arched entryway connects the kitchen to the formal dining room, which is enhanced by a stylish chandelier—perfect for entertaining. Luxury vinyl plank flooring flows throughout the main living areas for durability and easy maintenance. The great room provides additional living space and features a built-in beverage niche with a beverage cooler, ideal for hosting gatherings. The primary bedroom suite is a true retreat, offering a spacious walk-in closet with a custom organizer system and an elegant chandelier. The primary bath includes a jet spa garden tub, dual sinks, a linen closet, a walk-in shower with glass enclosure, and a modern flush-mount Bluetooth speaker light fixture. Guest bedrooms are well-appointed with luxury vinyl plank flooring and upgraded ceiling fans with remote controls. Step outside to enjoy the screened-in lanai, perfect for morning coffee, along with a pergola and 12x12 deck designed for relaxing and entertaining. Additional Highlights: Laundry room with cabinetry, washer, and dryer, Seven new ceiling fans with remote controls, Programmable thermostat, Freshly, painted interior and exterior, Ring doorbell with cameras, Gutters and floodlights, Irrigation system, Architectural shingle roof (2023), Utility sink in garage, Two-car garage with garage door opener. This home is being offered fully furnished, making it truly move-in ready. Conveniently located near shopping, restaurants, and Legoland, with easy access to I-4 and world-renowned theme parks, this home offers the perfect blend of comfort, style, and convenience.
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.
