Set on a private, tree lined 1.71 acre lot, this light filled, saltwater pool home offers a rare sense of calm and separation while remaining just minutes from UF Health, the University of Florida, and Celebration Pointe. Surrounded by mature trees draped in Spanish moss and tucked within an established neighborhood, the setting feels peaceful, private, and effortlessly connected. With 4 bedrooms, 2.5 baths, and a large bonus room across 2,773 square feet of living space, the thoughtfully designed 3 way split floor plan strikes the perfect balance of natural flow with privacy, ideal for modern living, working from home, and hosting with ease. Vaulted ceilings and abundant natural light elevate the interior, highlighted by an oversized kitchen skylight that fills the main living space with warmth and openness throughout the day. The living room features a wood burning fireplace and opens seamlessly to the kitchen, creating a welcoming and functional gathering space. The kitchen offers custom wood cabinetry, granite countertops, stainless steel appliances, a gas range, generous prep and storage space, and two flexible dining areas designed for both everyday living and entertaining. A bonus or media room with a built in projector and screen and a half bath offers a private, versatile space for work, guests, or movie nights. Outside, the fully fenced backyard feels like a true retreat. A saltwater pool, expansive paver patio, and pergola style entertaining space create inviting areas for outdoor dining and relaxation. Mature and fruit bearing trees enhance both beauty and privacy, while a kids’ play area with electricity, and a side cattle gate add thoughtful functionality. A detached two car garage and a separate two stall workshop with electricity provide exceptional space for storage, hobbies, or projects. Major systems have been updated, including HVAC in 2021, pool pump in 2021, and water heater in 2023. Privately set and meticulously cared for, this is a rare opportunity to own a beautifully maintained home on a secluded lot that seldom comes to market. Schedule your private showing today.
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.
