PRICE REDUCED! As the season changes, so has the price—making this your perfect autumn opportunity to own a beautifully updated home in Heritage Isle, one of Viera's most sought-after 55+ resort-style communities! Built in 2005 with 3 bedrooms, 2 baths, 2,015 sq. ft., and thoughtfully updated throughout, this move-in-ready residence offers the perfect blend of comfort, elegance, and resort-style living. Step through the grand tiled entryway into a bright open floor plan with two living areas and a formal dining room—ideal for both everyday living and entertaining. The updated kitchen features stainless steel appliances, a new stainless sink, modern backsplash, center island, and direct connection to the main living area. The spacious primary suite includes a walk-in closet, a bonus office/flex space, and a spa-inspired bath with dual vanities and a luxury walk-in tub/shower combination complete with tiled entry and bench seating. Two additional bedrooms with new carpet share a full guest bath, offering comfortable accommodations for family or guests. Enjoy Florida living year-round on the extended screened lanai with epoxy flooring, upgraded coach lights, and accordion hurricane shutters for peace of mind. The epoxy-finished garage adds both style and durability. Recent updates and features include: " Fresh interior & exterior paint (2025) " Roof (2021) " New ceiling fans throughout " Washer & dryer included " Accordion hurricane shutters " Accessibility grab bars installed Experience resort-style amenities at the award-winning Heritage Isle clubhouse, offering a full-service restaurant and bar, theater, billiards, fitness center, tennis, pickleball, racquetball, bocce, heated pool & spa, and scenic golf-cart-friendly walking paths. Prime Viera location! Conveniently close to The Avenues at Viera, shopping, dining, healthcare, golf, and entertainment. Just minutes to the Brevard Zoo, Space Coast beaches, and Kennedy Space Centerwith Orlando attractions and the international airport an easy drive away. This beautifully maintained home offers the perfect combination of modern upgrades, resort amenities, and an unbeatable location. Schedule your private showing today and start living the Heritage Isle lifestyle!
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.
