Welcome to a truly exceptional, custom-built Multi-Generational estate in the prestigious gated enclave of Belle Oaks Ranch-where timeless elegance meets modern luxury on a breathtaking 1.14-acre homesite framed by majestic heritage oak trees. From the moment you arrive, this architectural masterpiece commands attention. Step through grand double doors into an expansive, light-filled interior defined by soaring 14-foot ceilings, impeccable craftsmanship, and a seamless open-concept design curated for both refined living and elevated entertaining. At the heart of the home, the grand living space flows effortlessly into the outdoors through dramatic dual panoramic sliding glass walls, creating a true indoor-outdoor lifestyle experience. The extended screened patio-offering both covered and open-air spaces-features a fully equipped outdoor kitchen, setting the stage for unforgettable gatherings year-round. The gourmet chef's kitchen is nothing short of extraordinary, designed to impress at every turn. Showcasing custom double-stacked cabinetry, striking granite surfaces, and an oversized 5.5' x 11' island, this space is anchored by premium Bertazzoni appliances, including double gas wall ovens, a 48" six-burner gas range with an oversized griddle, and a built-in refrigerator wall complemented by a Thermador coffee system and microwave. A dedicated bar with wine refrigeration and ice maker further enhances the home's effortless entertaining appeal, while a fully outfitted walk-in pantry with prep station delivers both beauty and functionality. The private primary suite is a sanctuary of tranquility, offering direct outdoor access and a spa-inspired bath featuring an oversized walk-in shower and an expansive three-tier custom closet. Secondary bedrooms are generously proportioned, with most offering en-suite baths and walk-in closets, ensuring comfort and privacy for family and guests alike. A dedicated executive office provides a refined workspace, while the thoughtfully designed multi-generational wing includes its own living area, bedroom, en-suite bath, and walk-in closet-perfect for extended family or guests seeking independence. Step outside to your personal resort. The professionally landscaped grounds showcase a stunning custom pool with sun shelf and water features, surrounded by lush greenery for ultimate privacy and relaxation. Additional highlights include an oversized driveway, a 4-car garage with 8-foot doors and epoxy flooring, 4x6 construction for enhanced efficiency, and a drip irrigation system designed for low-maintenance luxury living. Residents of Belle Oaks Ranch enjoy exclusive access to resort-style amenities, including a clubhouse, pool, playground, tennis courts, pickleball, and basketball facilities-all just minutes from your doorstep. This is more than a home-it's a statement of lifestyle, design, and distinction, now paired with an extraordinary financial advantage that is rarely 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.
