The timeless saying proves true with this rarely available gem, perfectly positioned on a premier preserve lot with tranquil water views in the highly desirable Del Webb 55+ community of Lakewood Ranch—the nation’s #1 master-planned community. Offering 1,964 sq.ft. of luxury living, this home is designed for privacy, relaxation, and effortless everyday comfort. This home is brimming with exceptional upgrades and thoughtful add-ons! Many of these features are designed to provide ultimate peace of mind, including a whole-home generator, a comprehensive power surge protector, Vitex Security System, and motorized hurricane-rated lanai screens for worry-free living. Recently, the owner expanded the lanai by an impressive 600 sq.ft., creating a true outdoor retreat with abundant space for dining, entertaining, or simple unwinding while enjoying Florida’s vibrant sunsets over the serene pond and nature preserve backdrop. From the moment you arrive, the extended driveway, lush landscaping, and impeccable exterior set the stage for what awaits inside. Step through the stylish front door with glass inserts and be welcomed by a thoughtfully designed, light-filled open floor plan that feels both inviting and spacious. This home offers 3 bedrooms and 2 bathrooms in a split design, ensuring privacy and comfort for both owners and guests. The chef’s kitchen is the true centerpiece, blending style and functionality with upgraded light cabinetry with soft-close drawers & pull-out shelves, NEW stainless-steel appliances, neutral granite countertops with a stacked stone backsplash, walk-in pantry for ample storage, oversized island with extra cabinetry and seating—perfect for entertaining. The serene owner’s suite overlooks the pond and preserve, enhanced with a tray ceiling and spa-like ensuite featuring an oversized walk-in shower with bench, dual vanities with elegant finishes, and a large walk-in closet with shelving for optimal storage. The split bedroom layout ensures your guests enjoy privacy with a beautifully appointed guest bathroom that rivals a boutique hotel. This home combines elegance and convenience, including neutral diagonal ceramic floor tile in the main living areas seamlessly paired with plank-style luxury vinyl flooring in the bedrooms, well-organized “drop zone” with built-in cabinetry for storage, tandem garage with epoxy flooring and a 60 ft. extended driveway for multiple vehicles, a golf cart, or extra storage. Impeccable maintained and move-in ready, this home is the perfect blend of elegance, functionality, and breathtaking views. Don’t miss your chance to own a slice of paradise in Del Webb Lakewood Ranch, 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.
