Welcome home to this beautifully upgraded 3-bedroom, 2-bath residence located in the highly sought-after, gated 55+ community of Del Webb at Cane Bay Plantation. Perfectly positioned on a uniquely lot with no immediate neighbors on either side and serene pond views, this home offers both luxury and tranquility.Inside, you'll find an open-concept layout filled with soaring ceilings, natural light, and spacious rooms designed for comfort and easy living. Just off the foyer, elegant French doors lead to a versatile office or flex space, ideal for working from home or creating a cozy den.The heart of the home is the expansive great room, seamlessly blending the kitchen, living room, and dining area.The kitchen features granite countertops, stainless steel appliances, abundant cabinetry, and a large island with seatingperfect for entertaining. The living room flows into a bright sunroom overlooking the back patio and peaceful pond. The primary suite offers a relaxing retreat with a tray ceiling, dual vanity with granite countertop, a large walk-in tile shower, and a spacious walk-in closet. Two additional bedrooms of equal size share a full bathroom, providing comfort for guests. Step outside to the back patio, where you can unwind while enjoying beautiful pond views and ample space for outdoor seating. Living in Del Webb means enjoying world-class amenities at the 20,000 sq. ft. community center, including indoor and outdoor pools and hot tubs, a large fitness center, activity rooms, courts for pickleball, tennis, and bocce ball, a concert pavilion, a dog park, and a fishing pier along with fully stocked ponds. This vibrant, gated community is also just minutes from nearby grocery stores, restaurants, and everyday conveniences. A rare combination of privacy, upgrades, and resort-style livingthis home is truly a must-see! Use preferred lender to buy this home and receive an incentive towards your closing costs!
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.
