Welcome to Lime Tree Village – Where Cozy Charm Meets Modern Living in the Heart of Williamsburg! Step into this beautifully maintained two-bedroom, two-bath home that perfectly blends comfort, style, and thoughtful updates. From the moment you arrive, the inviting front porch sets the tone—a charming spot to sip your morning coffee or unwind with your favorite book. The interior has been fully remodeled, the electric panel was updated in 2020, a new tile roof was installed in 2021, the HVAC was replaced in 2022, and the water heater have been updated ensuring peace of mind for years to come. Inside, the open-concept layout creates a warm and functional living space, with a seamless flow between the kitchen, dining, and living areas—ideal for both everyday living and entertaining. The kitchen is a true highlight, featuring stunning countertops crafted from a unique blend of quartz and granite, offering both elegance and durability. The spacious primary bedroom offers a peaceful retreat with a walk-in closet and a beautifully updated en-suite bathroom, complete with a jetted bathtub—perfect for relaxing after a long day—and generous storage for all your essentials. The second bedroom is bright and airy with a large closet, while the renovated hall bath features a stylish tiled shower. Step through the double sliding doors to the covered and screened back patio—perfect for enjoying breezy afternoons or evenings outdoors. The home also includes a two-car garage, offering plenty of room for parking and storage. Recent updates include beautifully installed windows throughout, improving both curb appeal and energy efficiency. This home has been lovingly upgraded since the seller took ownership. Living in Lime Tree Village means enjoying a host of community amenities, including a clubhouse, pool, tennis courts, shuffleboard, volleyball, billiards, gym, ballroom, mowing and irrigation system—all covered by the low monthly HOA fee. Tucked in a prime location less than 2.5 miles from SeaWorld and 3.5 miles from Epic, with quick access to multiple shopping malls, great dining, major banks, and plenty of entertainment options— offering the ideal blend of convenience and community. Don’t miss your opportunity to call this beautifully updated home yours!
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.
