Practically Brand NEW & Better Than NEW! Why wait to build when this beautifully 2024-built home is move-in ready and packed with thoughtful upgrades inside and out? From the moment you arrive, the Hardi board and brick-accented exterior, upgraded landscaping, and fresh mulch create standout curb appeal. Inside, a bright, open-concept layout welcomes you with wood plank tile flooring throughout the main living areas, complemented by LVP in the primary bedroom and bedroom three for both style and durability. The heart of the home is the stunning kitchen, featuring a stylish backsplash, oversized island, CUSTOM lighting, upgraded fixtures, and ALL appliances included! Washer and dryer too! The spacious family room is ideal for everyday living and entertaining, complete with hidden conduit for a clean, modern look when hanging a TV. CUSTOM ceiling fans throughout the home and screened lanai add comfort in every space. Unwind in the primary suite, where you will enter the primary bath through a CUSTOM barn door! The walk-in shower features an upgraded handheld shower head and tasteful finishes. Additional upgrades include 8' DOORS, whole-home blinds, a Ring doorbell, a vinyl privacy fence, and enhanced exterior details. Practical touches like a GENERAC generator with dedicated outlet, LED can lighting in the garage, and garage door opener provide everyday convenience and peace of mind. Ideally located, this home offers easy access to it all approximately an hour to Sebring International Raceway in one direction and Tampa in the other, with Bok Tower Gardens and LEGOLAND just minutes away. Whether you’re drawn to weekend adventures or relaxed evenings at home, this location delivers. With modern design, quality upgrades, and a prime setting, this home has been meticulously maintained and truly checks every box. Schedule your private tour today and experience it for yourself!
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.
