Welcome to 7811 Wortham Ct, a beautifully maintained two-story residence perfectly positioned on a quiet cul-de-sac in the highly desirable Devonwood community of Central Orlando. Embodying strong curb appeal, this home features an elegant custom front door (2023), modern exterior paint (Dec 2025), a 1-car garage, and an expansive, fully fenced backyard with structural privacy fencing replaced in 2024. Step inside to an open, airy layout illuminated by natural light, showcasing crisp neutral finishes, sleek tile flooring, and soaring vaulted ceilings. The main living space is anchored by a classic brick wood-burning fireplace, while French doors seamlessly connect the interior to a private screened lanai, presenting an ideal configuration for true indoor-outdoor Florida living. The chef’s kitchen offers rich wood cabinetry, premium granite countertops, a decorative tile backsplash, stainless steel appliances, and a convenient breakfast bar overlooking the dining area. The highly coveted downstairs primary suite functions as a private retreat, offering direct access to the screened lanai and a completely remodeled, luxurious en suite bathroom (Feb 2026) equipped with a sleek walk-in shower, flawless glass enclosure, contemporary vanity, and an integrated window for bright, natural light. Upstairs, the secondary bedrooms share a highly practical Jack-and-Jill bathroom, providing an ideal layout for family, guests, or a flexible home office space. Capital upgrades gives peace of mind for years to come, including a brand-new roof installed in July 2021 and high-performance weatherproof windows added in 2024. Devonwood residents enjoy premium community amenities including a pristine pool and tennis courts. Strategically located, this home offers rapid access to Valencia College, premier shopping and dining at Waterford Lakes Town Center, major transit veins (SR-408, SR-417), Downtown Orlando, and Orlando International Airport (MCO). Turn-key and meticulously detailed, this Central Florida gem is ready to welcome its new owners!
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.
