This Is the Home You've Been Waiting For! Welcome to your private oasis a stunning gated home that offers everything you need for luxury living and peaceful relaxation. Enjoy your own heated swimming pool with a waterfall, a full rear deck overlooking lush landscaping, and even lake views. This beautifully designed property features: Three spacious bedrooms, each with a private en-suite bathroom A gourmet kitchen with SS appliances, granite countertops, Cherry cabinets and elegant finishes Open-concept living spaces, perfect for entertaining or unwinding *A cozy sitting area and a dedicated home office *Voluntary POA *Exterior parking for your boat or RV * Irrigation system *Handicap accessible design with wide doorways and a garage lift already installed Whether you're relaxing by the pool, enjoying the view, or hosting family and friends, this home has it all, privacy, luxury, and comfort Don't wait to see this one! Property Features - Approx. 3,806 Sq Ft Under Roof Kitchen & Interior Features " Stainless steel refrigerator, cooktop, and dishwasher (all less than 1 year old) " Built-in microwave, oven with warming/proofing drawer " Butler's pantry, updated cabinetry, deep sink, disposal, and abundant storage " Remodeled master bedroom with luxury finishes " Spa-like master bathroom: Jacuzzi corner tub with air/water jets, lights, and heater " His and her sinks with extensive cabinetry " Oversized walk-in shower with dual showerheads " Walk-in closets in all bedrooms " Updated light fixtures throughout " New bathroom fixtures in all bathrooms Accessibility & Garage " Oversized 2-car garage with wheelchair lift and utility sink " Almost every door is handicap accessible Mechanical & System Updates " New HVAC system (2024) " Culligan water softener " ADT security system " Heat pump " Attic storage " Two garage door remotes Outdoor Features " In-ground pool with waterfall (approx. 17' x 27') - new liner (2025) " Covered back porch (approx. 9' x 27') and covered front porch, composite " Pergola for shaded outdoor living " Mature landscaping with fenced front and backyard " Concrete circular driveway " Lake access through backyard " Outbuilding/shed/workshop with power *. Large flex room that can be a fourth bedroom
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.
