NO HOA. Welcome to this spacious two-story 4 bedroom / 3 bath home offering approximately 2,200 square feet of comfortable living space, ideally positioned on an oversized corner lot shaded by mature oak trees in an established Orlando neighborhood. From the moment you arrive, the home’s inviting curb appeal and generous lot size immediately stand out. Inside, you’ll find a flexible layout designed for both everyday comfort and easy entertaining. The dining area features warm wood flooring and abundant natural light, creating a welcoming space for family meals and gatherings. The kitchen is equipped with granite countertops, stainless steel appliances, ample cabinetry, and a breakfast bar that opens to the main living areas, making it easy to stay connected while hosting. Multiple living spaces allow everyone room to spread out. In addition to the main living room, a bright sunroom-style bonus area with tile flooring and walls of windows offers endless possibilities. Whether you need a second family room, In-laws suite, home office, playroom, fitness space, or media room, this versatile area adapts to your lifestyle. The primary suite serves as a comfortable retreat with wood flooring and an ensuite bath featuring dual vanities and a spacious walk-in tiled shower with rainfall showerhead. Three additional bedrooms are generously sized and filled with natural light, while three full bathrooms provide flexibility for family and guests. Step outside to enjoy a fully fenced backyard with plenty of room for pets, play, gardening, or future enhancements. The covered patio creates the perfect setting for outdoor dining, weekend barbecues, or simply relaxing under the shade of mature trees. Major updates include a brand-new roof and new drain field installed in 2025. Conveniently situated just minutes from shopping centers, grocery stores, and everyday essentials, you’ll enjoy easy access to popular dining options, coffee shops, and local favorites throughout the greater Orlando area. Major highways including I-4 and SR-429 provide quick connections to Downtown Orlando, Winter Park, Maitland, Lake Mary, and beyond. Orlando International Airport is approximately 20–25 minutes away, making travel simple for work or leisure. World-class attractions, entertainment venues, parks, lakes, and recreational areas are all within reach, offering the perfect balance of suburban comfort and city convenience. This home combines space, flexibility, and a great location, with the benefit of no HOA restrictions.
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.
