***Significant Price Improvement*** Experience exceptional value with this beautifully maintained 2017-built home in the highly sought-after Hideaway community. This single-story residence now offers an enhanced price point—without compromising comfort, style, or the ease of Florida living. From the moment you arrive, the home’s curb appeal, manicured landscaping, and inviting entry set the tone for what’s inside. Step through the front door and into a thoughtfully designed open-concept floor plan that maximizes both function and flow. The spacious living room transitions seamlessly into a bright, gourmet kitchen featuring an oversized island, stainless steel appliances, ample cabinetry, and custom carpentry details. The inviting dining area is ideal for casual family meals or entertaining guests. The split floor plan ensures privacy, with a generous primary suite tucked away on one side. This retreat features an ensuite bath with dual vanities, a soaking tub, separate shower, and walk-in closet. On the opposite side, you’ll find two additional bedrooms with a full bath—perfect for family or guests. A versatile office/flex room at the front of the home adapts easily to your lifestyle, whether you need a home office, gym, or playroom. Everyday convenience is built in, with a laundry room (washer & dryer included) just off the kitchen that doubles as a passage to the three-car garage—a rare find that adds both storage and functionality. Other highlights include: High ceilings and abundant natural light throughout, A fenced backyard, which is ready for pets, gatherings, or relaxing evenings outdoors. Additional community amenities: saltwater pool, playground, and scenic walking trails. Ideally located, this home is just minutes from shopping, dining, and major roadways including A1A and US-17, with easy commutes to Kings Bay Naval Base, Jacksonville, and only 14 miles from Amelia Island and Fernandina Beach. Don’t miss your chance to own this move-in ready home that combines modern comfort, thoughtful design, and an unbeatable location. Schedule your showing today…your next home awaits you!
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.
