BACK ON THE MARKET! Welcome to 690 Persian Dr, Haines City, FL 33844, a beautifully maintained 4 bedroom, 2 bathroom home built in 2019, located in the highly desirable Highland Meadows community of Polk County. Offering 1,749 square feet of living space on a 6,072 square foot fully fenced lot, this single story residence delivers modern comfort, functional design, and strong long term value in today’s Haines City real estate market. The open concept floor plan creates a seamless flow between the kitchen, dining, and living areas, ideal for both everyday living and entertaining. The spacious kitchen features ample cabinetry, generous counter space, and a large center island that overlooks the main living area, providing the perfect setting for gatherings and family connection. The private primary suite includes a quiet retreat with a well appointed en suite bathroom and walk in closet. Three additional bedrooms provide flexibility for growing households, guests, a home office, or rental potential. Built in 2019, this home offers the advantages of newer construction including modern systems, energy efficiency, and lower maintenance expectations. The attached garage adds convenience and additional storage space. Located in one of the fastest growing areas of Central Florida, this Haines City home provides easy access to US 27, I 4, Davenport, and the greater Orlando area. Nearby amenities include Lowe’s, Walmart, expanding retail centers, dining options, and AdventHealth Heart of Florida Hospital. The new Polk State College Haines City Davenport campus is currently under construction and projected to open Fall 2026, further strengthening the area’s long term growth outlook. Highland Meadows residents enjoy resort style amenities including a community pool with cabanas, playground, dog park, soccer fields, walking trails, and green space. The community is attractive to both owner occupants and long term rental investors seeking strong demand in Polk County. Whether you are searching for a primary residence, relocating to Central Florida, or seeking an investment property in Haines City, 690 Persian Dr presents a move in ready opportunity in a thriving growth corridor. 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.
