Enjoy effortless living in this beautiful two-bedroom, two-bath Martin Ray model with a versatile flex room and extended garage, located in the gated 55+ Stone Creek Golf Course Community known for its exceptional resort-style amenities. This home offers wonderful curb appeal, complete with mature landscaping, custom coach lighting, and a custom-designed Perry’s glass-inlay front door with a lifetime warranty, setting the tone for the thoughtful details found within. The versatile floor plan blends comfort and designer elements, including updated luxury vinyl plank flooring, recessed LED downlighting, 8-foot interior doors, and crown molding that adds a touch of refinement. The flex room, framed by French doors, offers desirable extra space ideal for a home office, library, or hobby space. The spacious gathering room features a triple pocket slider that opens seamlessly to the covered lanai and extended screened-in Florida room, creating an inviting indoor-outdoor living experience. Just beyond, a paver-lined sitting area with a sun-shaded pergola offers a peaceful spot for outdoor gatherings. The well-appointed kitchen offers sleek quartz countertops, stainless steel appliances, an oversized island with specialty pendant lighting and bar rail, a striking tile backsplash, and upgraded cabinetry with crown molding, under-cabinet lighting, and pull-outs in the lower cabinets. A large pantry with upgraded shelving and a butler’s pantry with a built-in desk adds even more convenience and storage space. The Owner’s suite features a custom outfitted walk-in closet and an en suite bath offering a quartz-topped double vanity, a large Roman-style walk-in shower with a seating bench and decorative glass tile inlay, and a transom window that fills the space with natural light. Additional thoughtful upgrades throughout include designer window treatments that add a tailored finish to each room, solar tube lighting, a mud-room with built-ins providing convenient organization as you come and go, and upgraded tile in the secondary bath. Practical enhancements continue with a whole-home water softener, a four-foot garage extension for a golf cart or workspace, and overhead garage storage racks for added storage. The sliding garage privacy screen door allows fresh air to circulate while maintaining comfort, and all windows in the home, except the sliders, have been professionally tinted to help protect furnishings and maintain a pleasant indoor temperature. Experience resort-style living at its finest and discover a community designed for comfort, connection, and carefree days, complete with a 24/7 staffed gated entrance that provides both security and peace of mind. Residents enjoy luxury-inspired amenities, including heated pools, a state-of-the-art fitness center, a spa, and soothing hot tubs and saunas that make relaxation part of everyday living. For those who love to stay active, the community features pickleball, bocce, tennis, and even a softball field, while a dedicated lifestyle team plans entertainment, activities, and special events that make it easy to connect with neighbors. Just beyond the gates, you’ll find a beautifully maintained golf course, pro shop, and on-site restaurant, perfect for socializing, unwinding, and enjoying the Florida lifestyle.
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.
