Welcome home to this extensively UPDATED 3-bedroom, 2-bathroom residence offering a desirable open-concept split floor plan and serene pond and conservation views. Thoughtful enhancements throughout make this home truly move-in ready. Step inside to discover tile flooring throughout the main living areas, soaring 8'8" ceilings, updated light fixtures, and modern ceiling fans that create a bright and inviting atmosphere. The improved kitchen serves as the heart of the home, featuring quartz and granite countertops, a spacious center island, upgraded stainless steel appliances, a contemporary backsplash, and a custom dry/coffee bar perfect for entertaining or enjoying your morning coffee. Retreat to the private owner's ensuite, complete with a walk in closet, dual-sink vanity featuring quartz countertops, and a spa-inspired spacious stand alone shower with a glass enclosure and rainfall showerhead. One of the secondary bedrooms features plush updated carpet, while the other room showcases luxury vinyl plank flooring, making it ideal for a home office, flex room, or guest suite. The additional bedrooms hug a full guest bathroom which provides comfortable accommodations for family and guests. Convenience abounds with a two-car garage offering direct access to the front hallway and laundry room. The garage is equipped with built-in cabinetry and workspace areas, providing abundant storage for tools, gardening supplies, hobby equipment, and household essentials. The laundry area includes a JUMBO-capacity washer and dryer, along with additional custom storage cabinetry for exceptional organization. Enjoy Florida living at its finest as the open dining and living spaces overlook a peaceful backyard with scenic pond and conservation views. Relax on the covered lanai and unwind while taking in the tranquil surroundings. The spacious backyard offers plenty of room for a future pool, playground, or fenced yard for pets. Located in the highly desirable Silverado Ranch community, you'll be welcomed home each day by majestic oak trees lining the streets and creating a picturesque entrance into the neighborhood. Residents enjoy access to a well-maintained gated clubhouse featuring a resort-style community pool, expansive playground with swings, covered gathering and dining areas perfect for parties and events, convenient restrooms, bike racks, and plenty of space to relax and connect with neighbors. Outdoor enthusiasts will appreciate the home's convenient location near several local golf courses, while the renowned Metro Lagoons are just 4–6 miles away, offering crystal-clear waters, sandy beaches, watersports, and endless opportunities to enjoy a day in the Florida sunshine. Combining stylish upgrades, functional living spaces, tranquil outdoor views, and exceptional community amenities, this remarkable home offers the perfect blend of comfort and Florida lifestyle. Don't miss your opportunity to make this house your HOME—schedule your private showing today!
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.
