Tucked beneath mature trees on a generous spacious corner lot just over a quarter acre on a dead end street. This inviting home blends cozy charm with laid-back Florida living. From the moment you arrive, you’ll feel the warmth of a space designed for comfort, connection, and flexibility with room to grow. Step inside to a light-filled interior with easy-care tile floors and a natural flow that makes everyday life feel effortless.There’s plenty of natural light, creating a bright and inviting atmosphere. The solar panels keep costs low so you don't have to worry about running the air conditioning all day on those hot summer days. The kitchen offers a welcoming heart-of-the-home feel—perfect for slow mornings, home-cooked meals, and gatherings. You have plenty of space to cook and host in here. Having split style bedrooms allows everyone to have their own space for comfort. The primary room is quite large with a beautiful shower oasis. The two other bedrooms are perfectly located off the kitchen and are great for guests, animals or gaming, with space to work from home from. The hall bathroom has a tub shower if you need to relax after a long day and unwind. The inside laundry room makes cleaning up easy. Out back is where this home truly shines. Multiple outdoor spaces—including a screened porch, open patio to create the perfect setting for quiet coffee mornings, string-lit dinners, or unwinding after a long day. The oversized lot gives you room to breathe, garden, or even expand—offering a sense of space that’s hard to find. This oversized lot provides endless possibilities for your growing needs. Set in an established neighborhood with no HOA, you’ll enjoy both freedom and convenience, just minutes from everything Orlando. Located in the desirable Dover Manor area, this home is conveniently close to the airport, shopping, dining, and major roadways, making commuting and daily errands a breeze.
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.
