Exceptional living starts in the Taylor Morrison St. Croix in Talamore at Watergrass! This floor plan is no longer being built in this immediate area! Single story, 4 bedrooms- each with their own en suite bath PLUS an additional half bathroom for guests AND an enclosed office space. This floor plan is stunning from the high ceilings to the endless views from all areas of the great room to the outdoors. With both pond and conservation views with no rear neighbors & a panoramic screened in pool area, you've got a Western facing front row seat to the sunset every night. As you tour your new home the attention to additional details from accent walls, to built in shelving and features throughout to the beams across the living area- this heavily upgraded home is ready for its new chapter. Bedrooms 2 & 3 are toward the anterior of the house while bedroom 4 shares the back yard views as does the primary. The three-way split floor plan meets at the center great room with living area, dining, and kitchen all central in this space. Additionally the office with its glass doors, gives additional flexibility to use for work, play, guest room, you name it! Off the kitchen is the upgraded laundry room, walk in pantry, and catch all area off the 3 car garage. There's a smart utilization of space throughout. Not to be outdone, the Watergrass community with its resort-style amenities continues to add to its portfolio of activities for residents! The Clubhouse is home to events throughout the year! The meeting space, fitness center, tennis courts, and pools are a gathering area to the whole community. The HEATED resort pool goes zero entry to 5ft while the Jr-Olympic lap pool is great for laps, walking, and recreation. Pickleball courts are being added to Promenade and this second amenity center has the third pool, splash pad, outdoor pavilion, dog park, and playground for all ages. Watergrass is located convenient and close to I-75, Publix, Swig, CircleK, Starbucks and Chik Fil A. A large commercial area with stores of all kinds and services is immediately convenient to our residents. Florida Medical Clinic, Johns Hopkins Childrens Hospital and a free standing ER add additional nearby healthcare. Come see what residents love in Talamore at Watergrass!
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.
