One or more photo(s) has been virtually staged. FHA ASSUMABLE MORTGAGE at an exceptional 3.5% interest rate! Welcome home to the exclusive, guard gated ChampionsGate Country Club, where resort living meets everyday comfort. This beautifully maintained 3-bedroom, 2.5-bath residence sits on one of the community’s most desirable lots, offering no rear neighbors, lush private landscaping, and a spacious covered lanai overlooking a large, private backyard with ample room to add a full-size pool while still maintaining generous outdoor space perfect for creating your own personal Florida oasis. Inside, you’ll find a bright, open concept first floor designed for both entertaining and everyday living. The home has been fully updated with premium flooring throughout, featuring wood plank style tile across the entire first floor and upstairs living areas, complemented by high end plush carpeting on the staircase for comfort and safety. Additional highlights include upgraded fixtures, quartz countertops in the kitchen and baths, 42-inch solid wood cabinetry, faux wood blinds, a smart irrigation system, and a classic barrel tile roof. The luxury designer kitchen is both stylish and functional, showcasing stainless steel appliances, including an upgraded LG smart refrigerator and LG smart dishwasher, offering modern convenience and sleek design. Natural light fills the home while tinted windows in the primary bedroom and both secondary bedrooms help reduce heat and enhance year-round comfort. Upstairs, the home offers exceptional versatility with a spacious flex space ideal for a home office, gaming or media room, second family room, or easily converted to a fourth bedroom if desired. Comfort is enhanced with upgraded ceiling fans throughout the entire upstairs. The expansive primary suite spans the full width of the home, creating a truly impressive retreat. This oversized sanctuary features dual vanities, a walk-in shower, a separate soaking garden tub, and an exceptionally large walk-in closet, offering both luxury and functionality rarely found at this price point. The upstairs laundry room includes a brand-new Samsung smart steam washer and dryer, included with the sale. The garage is thoughtfully equipped with storage racks and a second refrigerator, keeping the space organized and highly functional. Living here means enjoying luxury resort-style amenities that few communities can match. HOA dues include full golf and tennis memberships, a $75 monthly dining credit, high-speed internet, cable, phone service, complete lawn care, and 24-hour security monitoring. Residents enjoy exclusive access to three world-class amenity centers, including the Oasis Club, Plaza Clubhouse, and Retreat Club. Move effortlessly through the community in your premium Bintelli Beyond 4 golf cart, included with the home, while enjoying your full golf membership already covered by HOA fees. Trash pickup and CDD fees are conveniently included in the annual property taxes. No short-term rentals permitted. Ideally located just minutes from Walt Disney World, Posner Park, Margaritaville, major airports, shopping, dining, entertainment, medical facilities, and more, this home offers an unbeatable combination of lifestyle, location, and value. Schedule your private showing today as homes in this highly desirable community do not last long!
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.
