Set on a premium conservation lot in The Gardens at Dupree Lakes, this beautifully upgraded 5-bedroom, 3.5-bath home offers rare privacy with no neighbors in front or behind, thanks to protected conservation areas both across the street and beyond the backyard. Surrounded by nature, residents regularly enjoy sightings of sandhill cranes, osprey, hawks, deer and an abundance of local wildlife, creating a peaceful, Florida-native setting that feels worlds away—yet remains close to everything. Inside, the home is thoughtfully designed for both comfort and function. The heart of the home is the spacious kitchen, featuring granite countertops, 42” cabinetry, and an oversized island with breakfast bar, opening seamlessly to a bright dining nook and expansive living room. Large windows across the back of the home showcase serene conservation views, while sliding glass doors lead to a covered and screened lanai and a fully vinyl-fenced backyard, ideal for outdoor living and entertaining. Curb appeal is enhanced by manicured landscaping, landscape lighting, and LED roofline lighting, while irrigation serves the front and side yards. French drains have been installed, and the property has no history of flooding. The downstairs owner’s retreat is generously sized and finished with elegant crown molding in both the bedroom and ensuite bath. The spa-like bathroom includes dual vanities, a soaking tub, separate shower, private water closet, and a large walk-in closet. Upstairs, a spacious loft provides flexible living or recreation space, along with four oversized bedrooms. Two share a Jack-and-Jill bath with separate vanity areas, and an additional full bath is conveniently located nearby. Major system upgrades provide peace of mind, including a lifetime roof with transferable warranty (installed January 2025), two HVAC systems (2018 & 2020) with smart thermostats, and a whole-house water softener and purification system. The kitchen is equipped with Google-enabled refrigerator and dishwasher, blending modern convenience with everyday efficiency. Dupree Lakes is a highly sought-after, amenity-rich community featuring a resort-style pool, beautiful clubhouse, lighted tennis courts, basketball courts, a soccer field, and playground, all with low HOA and low CDD fees. Zoned for well-rated Land O’ Lakes schools, the location also offers easy access to shopping, dining, major roadways, and medical facilities. A rare combination of privacy, nature, thoughtful upgrades, and community amenities—this home is truly something special.
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.
