Brilliantly designed and beautifully updated, with Underground Utilities, this 4/3 Holley by the Sea home offers an exceptional blend of style, comfort, and functionality. Step inside to a welcoming tiled foyer that flows into a spacious interior featuring Wood look LVP flooring throughout the main living areas. A formal dining room and a separate office/study provide versatile spaces for both entertaining and productivity. The great room boasts a vaulted ceiling and opens seamlessly into a bright bonus living area/back recreation room with tile flooring, perfect for gatherings, hobbies, or extra relaxation space. The spacious kitchen is a true highlight, complete with stainless steel appliances, updated granite countertops, captivating backsplash, Island, and a charming breakfast nook overlooking the privacy-fenced backyard area with Above ground pool! Kitchen has beautiful granite Island with extra cabinet space for convenience and functionality for entertaining friends and family; Retreat to the impressive master suite, featuring wood-look LVP flooring and a luxurious tiled bathroom with dual vanities, a corner garden tub, double walk-in closets, and a beautifully tiled double walk-in gorgeous Tiled (floor to ceiling) shower, AND a private toilet area; The open split floor plan includes three additional generous bedrooms, offering comfort and privacy for everyone. Back bathroom near private bedroom has beautiful grey tiled floor; The extended Florida Room is a bonus for a rec room, office or more space to entertain guest and family; In addition to the large tiled Florida Room is also a screened in Lanai to enjoy watching family and guest swim in the Pool! Backyard has places for garden and already planted is Thyme, Rosemary, Blackberry and Avocado Trees; Shed included for tools and storage; As part of Holley by the Sea, you'll have access to world-class recreational amenities including three pools, a state-of-the-art gym, tennis courts, pickle ball courts, and more. With top-rated schools, white-sand beaches, and plenty of room to park your boat or RV, this home offers the best of Florida living. Live in unmatched paradise enjoy world-class amenities in Holley by the Sea; This home truly delivers the Florida lifestyle at its finest. Roof 2021; Water Heather 2023; HVAC 2021;
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.
