BACK ON MARKET. This home has A NEW ROOF installed in November 2025, NEW hurricane-impact sliding door, NEW exterior siding, FULL HOME REPIPE in 2020, and a NEW digital smart water heater in 2024 provide peace of mind for years to come. The heart of the home has also been thoughtfully upgraded with a completely renovated kitchen featuring granite countertops, stainless steel appliances, and a stunning granite waterfall island that creates a true focal point for entertaining. As you step inside, you’re welcomed into a spacious formal great room and formal dining area, where vaulted ceilings immediately give the home a spacious feel. Natural light fills the space, making it perfect for gatherings or relaxing evenings at home. To the right of the entry, you’ll find the laundry room, along with two secondary bedrooms and a full bathroom, creating a comfortable and private space for family members or guests. As you continue through the home, the kitchen sits to the left, where sunlight pours in and highlights the beautiful granite surfaces and waterfall island—a perfect place for casual meals, morning coffee, or hosting friends. The kitchen flows seamlessly into the living and dining areas and features sliding glass doors that open to the backyard, extending the living space outdoors. To the right side of the home, the primary suite provides a peaceful retreat, large enough for king-size furniture. The primary bathroom offers a spa-like feel with its elegant stone shower, creating the perfect place to unwind at the end of the day. Outside, the fully fenced backyard offers privacy and space for pets, play, or weekend gatherings. The home also includes a 2-car garage with a garage door screen for added comfort and bug protection, along with an oversized driveway that accommodates up to four additional vehicles. Conveniently located near Highway 441 and SR-408, commuting throughout Central Florida is easy. You’re just 20 minutes to Downtown Orlando and about 30 minutes to Orlando International Airport and Universal Studios, with shopping, dining, and everyday amenities nearby. Located in the Hiawassee Point community, this home features a very low HOA and is move-in ready. All the major items are done in this home. All it needs is your vision. Schedule your private showing today and experience this beautiful home for yourself.
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.
