Welcome to Del Webb Lakewood Ranch and this adorable, highly upgraded Contour model featuring a superb water view and a gorgeous 2 year new saltwater pool surrounded by custom travertine pavers and an oversized lanai with remote-control storm shutters all the way around. The custom landscaping with decorative curbing and accent lighting enhances the expansive curb appeal, which offers exceptional privacy and a perfect setting to enjoy sunset views over the pond while relaxing in your no-see-um screened lanai. Step inside this meticulously maintained home, where porcelain tile floors and custom crown molding set an elegant tone throughout. The chef’s kitchen is a showstopper, featuring KitchenAid appliances, granite countertops, a custom tile backsplash with under-cabinet lighting, pull-out shelving in all lower cabinets, and an oversized island that seats three—ideal for cooking, entertaining, or casual dining. The master bedroom suite offers a tranquil retreat with water views, porcelain tile flooring, ceiling fan, and a spa-like bath complete with dual sink vanity with drawers, a tiled step-in shower with upgraded glass door, private water closet, linen closet, and a large walk-in closet. The guest bedroom is spacious and bright, featuring a walk-in closet, recessed lighting, and easy access to the guest bath. The cozy den provides flexible space for a home office, craft room, or additional guest area. Additional highlights include a whole-house generator, remote-control hurricane blinds, hurricane panels, epoxy garage floor, designer lighting and hardware, upgraded trim package, and a new water heater (2024). Del Webb Lakewood Ranch offers a vibrant, amenity-rich 55+ lifestyle with tennis, pickleball, bocce, fitness center, resort and lap pools, on-site restaurant and bar ($500 annual food & bev fee) & a full-time Lifestyle Director curating endless activities—all within a golf cart-friendly gated community. Ideally located near Sarasota, Bradenton, Tampa, and award-winning Gulf Coast beaches, this move-in ready home is your perfect opportunity to embrace Florida living at its best—schedule your 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.
