Price reduced 50K ! Luxury Lakefront Living in Copperstone ! Step into your dream home—a stunning two-story lakefront retreat boasting 4 spacious bedrooms, a private DEN, and a high-end THEATRE room (or 5th bedroom) nestled in the sought-after, gated Copperstone Community! This elegant oasis is where luxurious indoor comfort meets sensational outdoor living. As you enter, you’re greeted by an expansive open-concept floor plan anchored by a gourmet kitchen—showcasing rich 42” espresso cabinetry, gleaming granite countertops, a custom tile backsplash, stainless steel appliances, and a generous corner pantry. The great room flows seamlessly for effortless entertaining and everyday comfort. Elegant French doors lead to the versatile den/study, ideal for a home office, creative space, or quiet retreat. Plank tile flooring throughout the main level offers warmth and sophistication, perfectly complemented by the home’s inviting neutral palette. Upstairs, escape to your very own private theatre/game/bonus room—complete with French doors and a closet, giving you the flexibility to convert it into a 5th bedroom if desired. The primary suite is a true sanctuary with lustrous cherry wood floors, and a luxurious bathroom with dual vanities, and a roomy walk-in closet. You’ll also find two additional upstairs bedrooms, a convenient laundry room, and a guest bath that makes hosting a breeze. A guest en suite on the main floor ensures comfort and privacy for visitors. Your outdoor sanctuary awaits as you step outside to peace and tranquility in the screened-in patio/ lanai and indulge in your own private resort. The custom 28’ x 13’ saltwater pool & spa package (built in 2023) features a Pebble Tec finish and color-changing LED lighting, setting the stage for unforgettable evenings under the stars. This home is loaded with builder upgrades that add comfort and value, including additional recessed lighting, upgraded window package, abundant storage space ( including under the grand staircase) and storm shutters. Copperstone is one of the most vibrant and active communities around! With a beautifully renovated clubhouse with modern amenities, 2 resort-style pools, State-of-the-art fitness center, Pickleball, basketball, and sports courts, Scenic walking paths and a stocked pond for fishing PLUS Year-round community events for all ages. This home is perfectly situated in a prime location near top-rated schools, premier shopping, restaurants, medical centers, and just a short drive to Florida’s best beaches. Plus, basic cable and internet are included in the HOA, adding extra value and ease. Whether you’re entertaining guests, working remotely, or soaking up lakeside sunsets, this home delivers the perfect blend of function, flair, and Florida charm. Don’t miss the opportunity to call this exquisite property your new Home Sweet Home! Don't just dream it - Live it!
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.
