Welcome to Florida living at its finest. Deer Creek 3-bedroom, 2-bath home with pond views and side-entry garage in a prime Sarasota location. Nestled in a peaceful and well-maintained community, this residence offers a rare combination of privacy, efficiency, and picturesque water views. Situated on a tranquil pond-front lot, the home features a 2-car side-entry garage, beautifully updated kitchens and baths, indoor laundry room, lush landscaping, and a irrigated yard. Inside, the thoughtfully designed split-bedroom floor plan includes spacious living areas, abundant natural light, and a charming wood-burning fireplace that creates a warm focal point for the family room. The kitchen and dining areas flow seamlessly for comfortable everyday living and entertaining. The home offers generously sized bedrooms, including a relaxing primary suite that provides a private retreat after a long day. Thoughtful design touches, ample storage, and natural light throughout enhance the sense of space and comfort. Major upgrades provide peace of mind and long-term value, including a brand-new roof (2025), newer A/C system (2019), and added blown-in insulation, enhancing both comfort and energy efficiency. This residence offers a rare combination of privacy, efficiency, and picturesque water views situated on a tranquil pond-front lot, the home features a 2-car side-entry garage, lush landscaping, and a fully irrigated yard for easy, low-cost maintenance. The primary suite offers a relaxing retreat with serene pond views, while the additional bedrooms provide flexibility for family, guests, or a home office. Enjoy the beautiful pond views from several rooms — the perfect setting for morning coffee, sunset dinners, or simply unwinding. Ideally located just minutes from top-rated schools, shopping, dining, medical facilities, and Sarasota’s world-famous beaches, this home delivers the lifestyle today’s buyers are seeking. Whether you’re looking for a primary residence, seasonal escape, or investment opportunity, 8267 Shadow Pine Way offers exceptional value in one of Sarasota’s most desirable areas. Schedule your private showing today and discover why this home is the one you’ve been waiting for. Owner shared this home has a VA Assumable Loan at low 2.625 rate.
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.
