Welcome to this exceptional residence where charm, comfort, and breathtaking scenery blend seamlessly. Nestled amid picturesque golf course and lake views, this 3-bedroom, 2.5-bath sanctuary offers charm and functionality at every turn. The home features a circular paved driveway framed by lush landscaping, a 2-car garage, and solar panels for added efficiency. Inside, wood flooring flows throughout, complemented by vaulted ceilings and abundant natural light. French doors open to the serene backyard patio. The spacious family room is anchored by a charming brick fireplace. The kitchen boasts extensive cabinetry, granite countertops, stone backsplash, and sleek black stainless steel appliances. A separate laundry room adds convenience. Upgrades galore. The primary suite includes a sitting area and a barn-door entry to the spa-like bathroom with dual sinks, makeup vanity, and a walk-in shower. The guest bathroom also offers a stylish walk-in shower. Step outside to your oasis, featuring a covered patio with a gazebo and a sparkling pool/spa with a waterfall, surrounded by stylish bar fencing—ideal for relaxing or entertaining. This home delivers the ideal mix of views, comfort, and relaxing resort-style amenities. Upgrades include: Remodeled front of home on garage door wall (2001), Install pool with Jacuzzi and cave/waterfalls (2007), Install engineered Oak Wood Flooring throughout entire common areas (2016), Replaced all windows and doors with Category 5 impact units (2016), Install solar hot water and solar pool heat (2016), Upgraded Front Doors with Category 5 Impact unit (2016), Upgraded Driveway to stamped Concrete (2017), Remodeled both main bathrooms and master bedroom (2018), Installed engineered Oak wood Flooring in two bedrooms (2018), Install custom closet shelving (2018), Upgraded Pool Automation Relay (2019), Install Pavilion (2021), Upgraded Kitchen Cabinets (2022), Upgraded Skylight to Cat 5 Hurricane Impact Unit (2022), Upgraded Pool Heat Pump (2023), Upgraded pool motors (2025).
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.
