Better Than New! Remodeled 4 Bedroom 3 Bathroom Home situated on an Extra-large (0.21-acre) corner lot, with plush Alexander palms, offering plenty of space for building a pool, gardening, kicking around the ball, or setting up a swing set. Harmony West is a new and well-maintained community with Low HOA, but Lots of Great Amenities such as Large Pool, Splash Pad, Fitness Center, Yoga Room, Clubhouse, Playground, Picnic Areas, and Dog Park. Step through a modern Yellow Front Door (which some say symbolizes warmth and happiness) and you will be greeted with an abundance of natural light, 10 foot ceilings and extra wide hallways. On the main floor you have a large Living Room and Dining room, as well as a Chef’s kitchen featuring Quartz Countertops, 42 Inch Cabinets, Modern Lights, New Electric Stove, and Samsung Bespoke fridge. One of the Bedrooms and a Full Bathroom are also on the first floor. The main area, all bathrooms, and laundry room have been upgraded with Luxury New Tile (2024). From the dining room, you can step outside into your Fully Screened-in patio to enjoy the view of the Sunrise over a pond that’s just across the street. On the second floor is your Primary Bedroom with En-Suite Bathroom and Large Walk-in Closet; and Two more bedrooms with a Full Bathroom. Upstairs Laundry Room comes with a Washer and Dryer, and LOTS of cabinets and counter space, as well as a Sink and Built-in Closet. Home has been upgraded with Double-pane Thermal Windows and Zoned HVAC system with two HoneyWell ProSeries thermostats, and a UV Light System (2024) to improve indoor air quality. 2 Car Garage comes with LiftMaster Garage Door Opener which you can control wirelessly from your Phone (MyQ App). If you want to have some fun in the area, check out Lakeshore Park with outdoor sports facilities (3 miles) or a Reptile World Serpentarium (3.6 miles). Like golfing? Harmony Golf Preserves is also 3 miles away. And a few miles away is a Hidden Gem – Alligator Lake – with three separate ramps to launch your boat, or taking Canoes/Kayaks out. Whether you're amateur or professional angler, there is plenty of opportunity to reel in some cool fish (Bass, Bluegill, Redear Sunfish, etc).
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.
