Welcome Home to Space That Truly Works for Everyone Tucked inside the desirable Hawks Preserve community in Port Orange, this beautifully updated 5-bedroom home is designed for the way families live today — offering flexibility, privacy, and room for everyone to feel at home. Whether you’re bringing generations under one roof, hosting extended family, or simply need space to grow, this layout delivers the rare combination of togetherness and separation that makes daily life easier. A new roof installed in 2024 and a fresh interior and exterior update give you peace of mind from the start, so you can focus on enjoying the home instead of planning projects. Inside, you’ll find generous living spaces that naturally connect the kitchen, dining, and main gathering areas — perfect for meals, holidays, and everyday moments together. At the same time, multiple bedrooms create comfortable private retreats for grandparents, guests, or children, giving everyone their own space to recharge. The flexible floor plan also adapts to your lifestyle, whether you need a home office, playroom, media room, or quiet lounge space. It’s a home that grows and shifts with your needs instead of limiting them. Outside, the refreshed exterior and yard space set the stage for easy Florida living — from weekend cookouts to birthday celebrations or simply relaxing in the sunshine. And the location ties it all together. Close to top-rated schools, parks, shopping, and dining, you’re also just a short drive from the Atlantic beaches, making spontaneous beach days part of everyday life. If you’ve been searching for a home that truly supports a larger household or multi-generational living without sacrificing comfort or convenience, this Hawks Preserve property is ready to deliver.
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.
