Welcome to the perfect blend of space, comfort, and functionality in this stunning 4-bedroom, 3-bath custom home offering an impressive 3,288 square feet of thoughtfully designed living space. Situated on a beautifully landscaped .70-acre corner lot, this property delivers the privacy, storage, and flexibility today's buyers are searching for. Step through the elegant glass front door and into an expansive open-concept floor plan featuring 20-inch tile flooring throughout the main living areas, soaring spaces for entertaining, and a warm gas fireplace that anchors the oversized family room. The heart of the home is the exceptional chef's kitchen showcasing rich Cavalier mahogany cabinetry, granite countertops, stainless steel appliances,designer drop lighting, and an enormous island complete with abundant drawers, storage, and convenient electrical outlets. A spacious walk-in pantry and sunny breakfast area with a charming bay window make this kitchen as practical as it is beautiful. The thoughtfully designed split-bedroom layout offers privacy for everyone. Two secondary bedrooms share a Jack-and-Jill bath, while a secluded guest suite enjoys access to a nearby full bath, making it ideal for visitors or multi-generational living. The luxurious owner's retreat is a true sanctuary featuring wood-grain tile flooring, dual walk-in closets, separate vanities, a relaxing Jacuzzi tub, and a spacious walk-in shower. Neutral shades of gray and beige create a timeless backdrop through Neutral shades of gray and beige create a timeless backdrop throughout the home, while the additional full bath showcases coastal blue accents that bring a touch of beach-inspired charm. Two separate doors lead to the screened lanai, creating the perfect indoor-outdoor flow for enjoying morning coffee or evening gatherings while overlooking the private wooded backdrop. Outside, the possibilities are endless. The fully fenced backyard includes a side-gate entrance, ample room for an RV, boat, or recreational vehicles, a large storage shed, expansive patio area, and additional driveway leading to a covered carport. Whether you're entertaining friends, storing your toys, or simply enjoying the peaceful surroundings from the welcoming front porch, this property offers the space and freedom rarely found in today's market. Upgrades in Construction: HOT/Cold outside shower; 2 x 6 instead of 2 x 4 beams, Energy package R19 insulation in walls; E-glass energy efficient windows; In addition to this amazing home, you get to enjoy all of the amenities that Holley By The Sea has to offer - including a boat ramp, 8 clay tennis courts, a community event hall, 3 different pools, exercise room, and more! A home of this size, quality, and versatility is truly a rare find, offering luxury, privacy, and room to live the lifestyle you've always wanted.
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.
