Welcome home to where comfort, convenience, and the Florida lifestyle come together effortlessly. Built in 2018 and tucked quietly back in Citrus Springs, this thoughtfully designed home sits on an oversized corner lot, offering extra space, privacy, and a peaceful setting while still being just minutes from everyday conveniences Inside, the home offers a modern yet cozy feel with comfortable living spaces designed for easy living and low maintenance. With luxury vinyl plank flooring, beautifully updated kitchen & bathrooms and upgraded designer touches throughout, this home provides style, comfort and functionality. Step outside and discover multiple ways to enjoy the Florida sunshine. The home features inviting outdoor living spaces — an enclosed lanai perfect for relaxing year-round, and an extended open-air patio ideal for weekend grilling, or just catching some rays. A newer above-ground pool adds the perfect spot to cool off, unwind, and enjoy laid-back afternoons in your own backyard retreat. 2 newer storage sheds (1 with power) add plenty of space for your lawn & play gear. Beyond the home itself, the location offers an incredible lifestyle for outdoor enthusiasts. Just minutes away, the nearby river provides the perfect setting for paddle boarding, kayaking, or snorkeling in Florida’s beautiful spring-fed waters. For anglers and boating lovers, the Gulf is within easy reach for unforgettable fishing adventures and sunset cruises. Cyclists and nature lovers will also appreciate being within 5 miles to the scenic 47-mile Withlacoochee State Trail, one of Florida’s longest paved rail-trails, made for biking, walking, or enjoying the natural beauty of the area. This home offers the best of both worlds — a quiet, tucked-away setting with easy access to outdoor adventure, recreation, and modern conveniences. Whether you're seeking a peaceful retreat or an active Florida lifestyle, this property is ready to welcome you home. Call for a tour, I love showing this place off.
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.
