Modern Luxury in Florida's Fastest-Growing City: Your Veranda Landing Retreat The Opportunity: Own the Future of Port St. Lucie Port St. Lucie is no longer Florida's best-kept secret—it's now the 3rd fastest-growing small city in the U.S. for economic growth. With a population surge of over 25% in the last five years and a booming local economy, investing in a home here is more than a lifestyle choice; it's a smart move in one of the nation's most desirable markets. Located in the gated Lennar community of Veranda Landing, this 3-bedroom, 2.5-bathroom home is just two years young and remains in pristine, brand-new condition. Modern Luxury in Florida's Fastest-Growing City: Your Veranda Landing Retreat The Opportunity: Own the Future of Port St. Lucie Port St. Lucie is no longer Florida's best-kept secretit's now the 3rd fastest-growing small city in the U.S. for economic growth. With a population surge of over 25% in the last five years and a booming local economy, investing in a home here is more than a lifestyle choice; it's a smart move in one of the nation's most desirable markets. Located in the gated Lennar community of Veranda Landing, this 3-bedroom, 2.5-bathroom home is just two years young and remains in pristine, brand-new condition. Designed for Modern Living Step inside to a bright, airy sanctuary featuring knockdown texture walls and custom crown molding that adds a touch of sophistication to every room. The main floor is finished with Floorte- waterproof Pro Series flooringa high-end choice that delivers the look of luxury with the durability needed for a busy Florida lifestyle. The heart of the home is an open-concept chef's kitchen that flows seamlessly into the dining and living areas. Highlights include: Entertaining Hub: A large kitchen island with a sit-at bar and deep stainless sink. Premium Appliances: GE Side-by-Side stainless refrigerator and electric stove. Style & Storage: Sleek granite countertops paired with ample cabinet space and neutral tones ready for your personal touch. Your Private Outdoor Oasis Escape to your private fenced backyard, featuring a high-profile privacy fence that creates a secluded retreat. The custom paver patio is perfectly set up for morning coffee or weekend BBQs in the Florida sun. The Port St. Lucie Lifestyle At Veranda Landing, you are minutes away from the very best of the Treasure Coast: Pristine Beaches: Just 15 miles to the turquoise waters of Hutchinson Island and Jensen Beach (famous for free beach parking!). Boater's Paradise: Easy access to world-class marinas and the St. Lucie River. Growth & Convenience: Near the vibrant Tradition area, PGA Village golf courses, and high-end shopping and dining, all while being perfectly positioned for a quick commute via I-95 or the Florida Turnpike. This is a must-see for anyone looking to capture the energy of Port St. Lucie's growth while enjoying the peace of a private, gated community. Property Quick-Facts: Community: Veranda Landing (Gated, Resort-Style Pool & Cabana) Status: 2 Years Old (Like New) Layout: 3 BR / 2.5 BA / 1-Car Garage Key Features: Crown molding, waterproof Pro-Series flooring, private fenced yard with pavers. Location: 6th largest city in Florida with #3 ranking for economic growth.
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.
