Welcome to life in The Farms--where comfort, convenience, and a little bit of front-porch charm all come together.This 3-bedroom, 2.5-bath single-family home offers 1,426 square feet of easy, functional living with the kind of layout that just works. From the moment you arrive, the large covered front porch sets the tone--perfect for morning coffee, evening unwinding, or waving to neighbors as they pass by. Also enjoy the thoughtful landscaping and established shrubbery. Step inside and you'll find a cozy yet open living space that's ideal for both everyday living and hosting friends and family. The kitchen checks all the boxes with abundant cabinet space, a pantry, and a large double-door refrigerator--plenty of room to cook, gather, and keep everything organized.Upstairs, the spacious primary suite easily fits a king-sized bed and features a generous walk-in closet, giving you the space you need to truly relax and recharge. Out back is where this home really shines. The fully fenced yard offers room to play, entertain, or let pets roam freely, while the extended patio with a covered pergola creates the perfect setup for grilling, game days, or laid-back evenings outdoors. Practical upgrades like a new HVAC system add peace of mind, and the driveway comfortably fits multiple vehicles--making everyday life that much easier. Living in The Farms and Wescott Plantation means more than just a home--it's a lifestyle. Enjoy access to community amenities like a pool, fitness center, playground, walking trails, and clubhouse, all while being just minutes from golf, shopping, dining, schools, and the airport. If you've been looking for a home that balances comfort, outdoor living, and convenience in a quiet, family-friendly neighborhood--this one is worth a look.
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.
