One or more photo(s) has been virtually staged. Welcome to this stunning two-story 5-bedroom, 3-bath home in the highly desirable Minneola Reserve community, where style, comfort, and thoughtful upgrades come together beautifully. From the moment you arrive, the exceptional curb appeal stands out with elegant stone accents, a covered front porch, paver driveway, and beautifully maintained landscaping. Step inside to discover an inviting open-concept layout filled with extensive cosmetic upgrades throughout, including gorgeous hardwood flooring, designer lighting, upgraded finishes, and stylish details that make this home truly move-in ready. Just off the foyer, the downstairs bedroom offers the flexibility to serve as a private guest suite, home office, or study. The heart of the home is the beautifully upgraded kitchen, featuring abundant granite counter space, a spacious center island, stainless steel appliances, 42-inch cabinetry, upgraded backsplash, custom lighting, and an impressive walk-in pantry with custom shelving. A convenient drop zone adds everyday functionality, while the seamless flow into the great room creates the perfect space for gathering and entertaining. The living area is enhanced by a built-in electric fireplace, adding warmth ambiance. Upstairs, you’ll find four generously sized bedrooms, including a spacious and light-filled primary suite featuring oversized picture windows and an elegant tray ceiling, adding architectural charm and an elevated sense of luxury. Step outside to your private fenced backyard retreat, ideal for relaxing or entertaining, complete with a large covered lanai and a pavered fire pit area perfect for evenings under the stars. Residents of Minneola Reserve also enjoy access to a beautiful community pool, offering the perfect place to unwind and enjoy Florida living. Perfectly positioned for both convenience and lifestyle, this home is located in a charming community with quick access to the Florida Turnpike, making travel to surrounding areas simple and efficient. You’ll appreciate being just minutes from popular shopping, great restaurants, daily conveniences, scenic parks, and highly rated schools—bringing comfort and practicality to everyday living. Offering the ideal combination of upgraded modern style, timeless comfort, and an unbeatable location, this exceptional Minneola home presents a rare opportunity to enjoy space, sophistication, and community in one beautiful package. With its thoughtful enhancements and desirable setting, this is truly a home that stands out from the rest.
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.
