Location! Location! Location! Welcome home to a property centrally located in a very desirable manicured Orlando neighborhood of Marblehead within 15 minutes of Disney, Universal, Sea World, and downtown Orlando! Hidden gem tucked near Metro-West Country Club, Publix, restaurants & shopping. New Roof 2025. New AC 2025, New Water Heater 2025. No other home in this neighborhood for sale with this kind of big item peace of mind. Custom Plantation shutters throughout the home offering privacy and abundant natural light throughout. This home has a spacious 3-way split floor plan. Just walk-in the front door to a oversized open living room with 20-ft ceilings overlooking the pool that presents that WOW factor straight away. The kitchen features a large breakfast nook tucked in a panoramic window overlooking the pool. Two pantry cabinets, stainless steel appliances and ample counter space, ready for your custom ideas. Enjoy relaxing in the lanai overlooking the pool for family bbqs, entertaining, and weekend family fun. Great backyard with neighbors only one one side. The well lit oversized primary bedroom has a private entry to the lanai and pool and his and her walk-in closets that lead to a large primary bathroom with two sinks, jacuzzi tub, and walk-in shower. Towards the front of the home are 2 other bedrooms joined by a fantastic large Jack-n-Jill bathroom The 4th bedroom is on the other side of the house by the pool fantastic for the in-laws or guests with another bathroom right outside the door with a walk-in jacuzzi tub installed in 2024. Great schools for elementary, middle, and high school. Friendly neighbors and a very low HOA that continues to make this neighborhood manicured and stand out from all the others. Selling "AS IS" and price reflects any possible cosmetic changes you may want to do to make it your own. Welcome Home!
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.
