Welcome to the carefree Sunshine State lifestyle you’ve been dreaming of in The Country Club of Mount Dora, one of Central Florida’s premier golf communities. Stroll along tree-lined sidewalks while enjoying resort-style amenities, including an 18-hole championship golf course, community pool and clubhouse, restaurant and lounge, and courts for tennis and pickle ball. Whether you’re an avid golfer, social butterfly, or just looking for a peaceful place to call home, there’s something here for everyone. Just minutes away, discover the charm of historic Mount Dora, recognized as one of America’s most beloved small towns. Spend your weekends exploring its boutique shopping, award-winning restaurants, waterfront marina, art galleries, festivals, and year-round events that make every season special. Inside this beautifully maintained home, the open, light filled floor plan features luxury vinyl plank flooring throughout the main living areas, soaring ceilings, and expansive windows that frame stunning golf course views. Perfectly positioned along the 16th fairway, nearly every room offers a tranquil backdrop that brings the outdoors in. The spacious Kitchen is designed for both everyday living and effortless entertaining. Warm wood cabinetry, granite countertops, stainless steel appliances, a built-in microwave, pantry, breakfast bar, and flexible bonus space create a room as functional as it is inviting. Retreat to the Owner’s Suite with a walk-in closet, or relax in the private en suite Bathroom with granite countertops, dual undermount sinks, plenty of storage, relaxing soaking tub, and separate glass-enclosed shower. Need extra space? The versatile third Bedroom could be that home office, gym, or hobby room you’ve always wanted. Triple sliding glass doors invite you out to the screened, tiled Lanai and extended pavered Patio, creating the perfect indoor-outdoor living space. Surrounded by fresh, lush landscaping, it’s an ideal setting for morning coffee, evening cocktails, or just unwinding. The appeal is enhanced by custom low-voltage LED landscape lighting that illuminates plants and architectural details. You’ll enjoy the confidence that comes with a meticulously maintained home, including a new HVAC system (2023), Water Heater (2020) and a fresh coat of paint. Not only can you enjoy the year-round events in “Festival City” you’re CONVENIENTLY LOCATED to grocery stores, schools, and premium healthcare, and just minutes from the 429 and 414 connectors for a seamless trip to Orlando, Sanford, Winter Garden, Airports, Beaches, and Attractions. This is more than just a home, it’s a lifestyle. Schedule your private showing today, before someone else calls it theirs.
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.
