Seller contributing $15k in concessions at closing to buyer towards closing costs or future roof replacement! This is a stunning 4-bedroom home with a conservation and pond view with NO CDD and LOW HOA! Why pay a CDD and higher taxes when you can OWN this immaculate home with the best views! Welcome to your dream home! Nestled on a quiet cul-de-sac, this beautifully landscaped property features an oversized driveway and vibrant pops of color in the garden. As you step inside, you’ll be greeted by breathtaking conservation and pond views—perfect for enjoying nature during the day or stargazing at night. Upon entry, to your left, you’ll find a spacious dining and seating area, ideal for gathering with friends and family. A built-in storage unit at the far end provides ample space for organization. The kitchen is a chef’s delight, boasting granite countertops, tall cabinetry with crown molding, stainless steel appliances, and a reverse osmosis system for purified water. Adjacent to the kitchen, the laundry room offers additional storage and convenient access to the garage. Plus, the home is equipped with a water softener system. For added privacy, two bedrooms and a full bathroom are tucked away off the kitchen. The living room is a cozy yet spacious retreat, featuring a wood-accented decorative wall, built-in storage/entertainment center, and picturesque backyard views. Enjoy music or movies with the built-in speaker system throughout the home. The Primary Suite is a private oasis with serene backyard views, a luxurious EnSuite bathroom complete with a garden tub, walk-in shower, double sinks, and a spacious walk-in closet. But that’s not all—behind the entertainment center, you’ll discover a hidden 4th bedroom with extra storage and a view of the outdoor space. Step outside to your expansive lanai and backyard, perfect for entertaining or unwinding in tranquility. This home also features paid-off solar panels and a wired security system, ensuring energy efficiency and peace of mind. Don’t miss the opportunity to own this one-of-a-kind home with stunning views, thoughtful design, and endless storage! Schedule your 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.
