Welcome to this beautifully maintained and thoughtfully upgraded 3 bedroom 2 bathroom pool home where comfort, style, and functionality come together seamlessly. Step through the brand new double front doors into a bright and spacious living room enhanced by skylights and framed by two striking architectural pillars. To the left, you’ll find a versatile office/flex room, perfect for work or relaxation. To the right, the home opens to a well appointed kitchen with a cozy breakfast nook, while the formal dining room wraps elegantly back toward the entryway for effortless flow when entertaining. The laundry room, located conveniently off the kitchen, offers added storage, a washer, and a new dryer (2022), and provides direct access to the two car garage. The updated kitchen features stainless steel appliances, including a new stove (2022), matching new granite countertops and backsplash (2022), and additional natural light from overhead skylights. Retreat to the spacious primary suite showcasing wood flooring, and enjoy a beautifully designed ensuite bathroom with tile flooring, dual sinks, a soaking tub, walk in shower, and private water closet. Two generously sized guest bedrooms feature newer laminate flooring that complements the home’s cohesive design. The guest bath offers ample storage, abundant counter space, and a convenient step-down walk in shower. Step outside to your private backyard oasis featuring a large screened-in 12’ x 27’ kidney-shaped pool, a 29’ x 9’ covered lanai, and outdoor furniture that conveys with the sale. The backyard also includes a small storage shed and low maintenance artificial turf bordering the pool enclosure. The home offers exceptional value with numerous major upgrades that include New Roof 2021, New AC 2023, New Windows throughout the home 2021, Resurfaced Pool 2023, New Pool equipment 2023, New Solar Pool Heater 2023, New Water Heater 2024, New Exterior Paint and Light Fixtures 2025, and Brand New Drain Field November 2025 located in the front yard. Homes this well-maintained and upgraded don’t last long, schedule your own private showing today!
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.
