Welcome to this beautifully updated 3-bedroom, 2-bath pool home with 1 1/2 car deep garage offering the perfect combination of energy efficiency, smart home technology, privacy, and outdoor living — all located in a desirable NO HOA community. One of the standout features is the fully paid-off approximately $55,000 solar system that will be paid in full at closing, long-term energy savings. From the hurricane-rated tinted windows and doors to the resort-style screened pool with paver decking and an 8-foot deep end, new pool pump and timer, this home is designed for comfort, convenience, and peace of mind. The curb appeal begins with mature landscaping, a circular driveway, and a 6-foot privacy fenced backyard. Inside, the light and bright open floor plan features LifeProof faux wood-look tile flooring throughout the main living areas, complemented by natural lighting and a sun tube in the kitchen. The spacious living and dining areas overlook the pool and offer seamless indoor-outdoor living through multiple sliding glass doors and French doors leading to the screened lanai. The kitchen features wood cabinetry, 16x16 tile flooring, a pantry closet, dinette area, LG range, Frigidaire refrigerator, and Samsung dishwasher (dishwasher conveys as-is). The adjacent dining area overlooks the pool and provides a perfect setting for entertaining. The primary suite offers private French door access to the pool area, creating a relaxing retreat atmosphere. The ensuite bath includes dual sinks, built-ins, tub/shower combination, and additional storage. The second bedroom features carpeting, a ceiling fan with light, and front-facing windows, while the third bedroom includes sliding glass doors to the pool area, vertical blinds, and a ceiling fan with light. A Jack-and-Jill style bathroom offers built-in cabinetry, vanity lighting, and a walk-in shower. Additional interior features include Wainscoting accents, two hallway closets, built-in storage, vertical blinds, beveled glass front entry door, and two extra boxes of matching LifeProof flooring that will remain with the home. Step outside and enjoy your private backyard oasis featuring a kidney-shaped screened pool resurfaced in approximately 2015, paver patio decking, and a newer pool pump installed last year. The fenced yard provides privacy while still maintaining an open feel on one side where the owner owns the fence line. This home is also equipped with a Vivint smart home system that allows you to control the front door lock and smart thermostat directly from your smartphone, with the ability to expand the system for additional lighting and camera integration. Existing features include door sensors, glass break sensors, Ring doorbell camera, driveway camera with linger sensor, and additional smart security features for added convenience and security.Major updates include: roof (2014), A/C (2015), water softener (approx. 2015), garage door and opener (2021), pool resurfacing and pavers (approx. 2015), appliances and toilets (2014-2015), hurricane-rated tinted windows and doors (excluding bay window in third bedroom), and reverse osmosis system (needs servicing and conveys as-is).Workbench in garage may stay if desired. TV mounts and TVs do not convey. Most furniture is negotiable. Schedule your private showing today and experience everything this smart, energy-efficient pool home has to offer! Flood zone "X" No flood insurance required, most desired flood zone...Existing Survey available.
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.
