Welcome to luxury living in the sought-after Esplanade at The Heights! Built in 2022 by Taylor Morrison, this stunning Lazio model offers a blend of modern elegance, thoughtful upgrades and resort-style amenities, designed to impress even the most discerning buyers. This beautifully appointed residence features three spacious bedrooms plus a private office, along with soaring 10-foot ceilings, 8-foot doors and exquisite crown molding throughout. From moment you enter inside, you’ll notice the attention to detail, from the custom herringbone tile flooring to plantation shutters and upgraded lighting and fans that elevate every space. The heart of the home is a chef-inspired kitchen, complete with GE Café stainless steel gas appliances, quartz countertops, a farmhouse sink and an expansive center island with storage on both sides. A custom walk-in pantry with built-in shelving to the ceiling and soft-close pullout drawers makes organization effortless. The open-concept living area features tray ceilings and seamless flow, ideal for entertaining. Retreat to the luxurious primary suite, featuring blackout hardwired shades, a custom-designed walk-in closet with premium built-ins, and a spa-like bath with upgraded finishes. Each additional bedroom offers en-suite privacy, while the office with French glass doors provides the ideal work-from-home space with enhanced connectivity. Go outside to your private backyard oasis, an entertainer’s dream. Enjoy a custom saltwater pool and spa with gas heating, sun shelf, travertine pavers and color-changing landscape lighting, all controllable via app. The fully equipped outdoor kitchen includes a gas grill, refrigerator, sink and vent hood, complemented by a cozy gas fireplace and spacious covered lanai. With oversized screened panels and lush landscaping, privacy and relaxation are guaranteed. This home is equipped with top-tier smart home technology, including app-controlled hurricane screens, a whole-house Kohler generator, security system with cameras, Culligan water softener and extended networking for seamless connectivity. Impact windows and doors, plus hurricane-rated features, provide peace of mind year-round. Car enthusiasts and hobbyists will love the air-conditioned tandem garage with insulated hurricane-rated door, overhead storage and dedicated refrigerator circuit. Residents of Esplanade at The Heights enjoy a vibrant, amenity-rich lifestyle including a resort-style pool and spa, fitness center, pickleball and tennis courts, dog parks, bocce ball and a full calendar of social events led by a lifestyle coordinator. This is more than just a home, it’s a lifestyle. Schedule your private showing today and experience elevated Florida living at its finest.
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.
