Experience the perfect blend of refined luxury and relaxed country living in this stunning newly custom-built 4-bedroom, 2-bath estate with a 2 car side entry garage in the heart of Rolling Hills. Privately nestled on 1.14 beautifully fenced acres, this exceptional mini-farm offers the serenity of wide-open spaces while being ideally positioned between Ocala and Dunnellon—just minutes from the crystal-clear waters of Rainbow River and the internationally renowned World Equestrian Center. Designed for both elegance and functionality, this property is fully fenced and complete with a pole barn already in place—bringing your rural lifestyle dreams to life. Step inside and be captivated by the home’s upscale finishes and thoughtfully designed open floorplan. Luxury vinyl plank flooring flows through the social areas, while tray ceilings elevate the expansive living room, creating a light-filled and inviting atmosphere ideal for entertaining or relaxing in style. At the heart of the home, the chef-inspired kitchen is a true showpiece—featuring gleaming granite countertops, a large center prep island with breakfast bar seating, rich warm wood cabinetry, stainless steel appliances including a built-in oven and microwave, designer tiled backsplash, and a generous walk-in pantry, this space delivers both beauty and performance. The oversized laundry room offers exceptional convenience and storage, while the private primary suite provides a luxurious retreat at day’s end. Unwind in your spa-inspired en-suite bath showcasing dual granite vanities, a spacious walk-in shower, and a large walk-in closet designed for effortless organization. Three additional bedrooms gives flexibility for family, guests, or the in-laws—each thoughtfully positioned for comfort and privacy. And then… the true showstopper. The super-sized custom rustic style screened-in outdoor patio is an entertainer’s dream. Featuring stunning wood beam ceilings and ceiling fans, this extraordinary space invites year-round gatherings, weekend celebrations, and peaceful evenings overlooking your expansive property. Luxury, land, and location—this Rolling Hills masterpiece delivers it all.
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.
