Listed Below Appraised Value! Luxurious 4-Bedroom Estate on 35+ Acres in Oak Hill with Guest House, Barn & Stocked Ponds Discover refined country living at its finest in this meticulously maintained 4-bedroom, 3-bath estate, now listed below appraised value! Located in scenic Oak Hill, Florida, this 35+ acre property offers the perfect blend of luxury, privacy, and natural beauty—ideal for nature lovers, equestrian enthusiasts, or those seeking a secluded retreat with modern upgrades. A private .75-mile driveway leads you to the fully renovated main home, where every detail has been thoughtfully designed. Inside, you'll find a spacious loft, a family room with a cozy wood-burning stove, and a formal living room with a classic fireplace—perfect for creating warm and inviting spaces for entertaining or unwinding. Enjoy the charm of covered front and rear porches, along with a screened-in outdoor laundry room, offering comfort and convenience while embracing Florida’s outdoor lifestyle. The property features approximately 27 cleared acres, stocked ponds, and a tranquil creek that winds through the land—making it a dream setting for fishing, hiking, or homesteading. Additional highlights include: A guest house, currently used as an office—ideal for visitors, remote work, guest quarters A 36x24 barn with covered extensions totaling 36x54 feet—perfect for storage, equipment, or equestrian needs This is a rare opportunity to own a high-end rural estate that combines modern upgrades, rustic charm, and abundant natural surroundings—all just a short drive from the coast and local amenities. This home may be under audio and visual surveillance.
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.
