Welcome to 8360 SW Easy Street in Arcadia * where space, flexibility, and country privacy come together on approximately 1.5 acres with no HOA. This attractive two-level home offers 3 bedrooms and 3 full bathrooms with a layout well suited for multi-generational living, guests, or flexible use. The lower level features a primary bedroom and full bath, private patio access, and entry to the attached garage. Upstairs, you’ll find the main living area including the kitchen, living and dining spaces, plus two additional bedrooms with baths. The kitchen is equipped with granite countertops and a breakfast bar, opening to a spacious living area with an alcove ideal for formal dining, a reading nook, or den space. The upstairs primary suite includes a large walk-in shower and dual sink vanity, while the additional bedroom offers a tub/shower combination and single vanity. Enjoy peaceful views from the back deck overlooking the property, shaded by mature trees that enhance both privacy and natural beauty. All windows are double-pane, the well has been updated, and the home was originally designed with space allocated for a future elevator installation if desired. Outdoor features elevate this property even further: -New metal roof -36' x 52' detached garage/workshop -6-inch concrete slab -14' x 10' roll-down door -Oversized vehicle lift included -Circular paver driveway and walkways -Covered entry Detached approximately 700 sq ft climate-controlled flex space ready for customization. The expansive lot offers ample room for additional outdoor features such as a pool, cabana, garden, or recreational storage. Conveniently located within approximately 20 minutes of I-75, Punta Gorda, and Downtown Arcadia, this property provides country living with access to regional amenities. A neighborhood convenience store is located nearby for everyday needs. This property is ideal for buyers seeking acreage, workshop space, RV/boat storage potential, multi-use flex areas, and privacy without association restrictions. Schedule your private showing and explore the possibilities at 8360 SW Easy Street.
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.
