Welcome to Legacy Place—where style, function, and low-maintenance living come together in this beautifully maintained townhome. Built in 2022 and offering 3 bedrooms, 2.5 bathrooms, 1,806 square feet, and an attached 2-car garage, this move-in ready home delivers the benefits of newer construction without the wait. Step inside to a bright open-concept floor plan where abundant natural light streams through oversized windows and sliding glass doors, creating a warm and inviting atmosphere throughout. Designed for both comfortable everyday living and effortless entertaining, the spacious living, dining, and kitchen areas flow seamlessly together, enhancing the home's sense of openness and connection. The kitchen is a true focal point of the home, appointed with 42-inch solid wood cabinetry, stainless steel appliances, granite countertops, a large center island with breakfast bar seating, a dedicated coffee bar, and an oversized walk-in pantry. Both elegant and highly functional, the space is perfectly suited for everyday living, effortless entertaining, and gathering with those who matter most. Beautiful wood-plank tile flooring extends throughout the first floor, creating a clean, cohesive designer feel. Sliding glass doors seamlessly blend indoor and outdoor living, leading to a private patio—an inviting extension of the home that's perfect for grilling, morning coffee, or relaxing around a fire pit on cooler Florida evenings. The first floor features all main living areas along with a conveniently located guest bath, while the upstairs layout offers privacy and separation from the home's entertaining spaces. The spacious primary suite serves as a peaceful retreat, featuring a generous walk-in closet, dual-sink vanity, walk-in shower, and private water closet. Two additional bedrooms, a full guest bath, and the conveniently located upstairs laundry area complete the second floor. Storage is abundant throughout the home, offering practical solutions that make everyday living easy and organized. Additional highlights include a ROOF, A/C, and WATER HEATER all NEW in 2022 providing valuable peace of mind and long-term value. Ideally located in Legacy Place, residents enjoy quick access to SR-417 and I-4, providing convenient connections to Winter Park, Oviedo, downtown Orlando, shopping, dining, and major employment centers. Community amenities include a dog park, playground, grilling area, putting green, Yoga lawn, community exercise path, and a permanent cornhole set-up, creating opportunities to enjoy the Florida lifestyle close to home. Beautifully maintained, thoughtfully designed, and perfectly located—this exceptional townhome offers the ideal combination of comfort, convenience, and modern living. Don't miss this opportunity! 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.
