Rare true multi-generational home with private in-law suite, separate entrance, and pond views. This 2022 built multi-generational home offering nearly 4,000 square feet of thoughtfully designed living space with serene pond views and no rear neighbors. This spacious 6-bedroom, 4.5-bath residence is truly designed for extended families, featuring a private in-law suite that lives like its own home—complete with a separate living room, private kitchen, full bathroom, laundry closet, and its own front entrance as well as direct access to the lanai. Perfect for multi-generational living, long-term guests, or added privacy and independence. The main home features an open-concept layout ideal for both everyday living and entertaining, showcasing a large gourmet kitchen with onyx granite countertops, expansive living areas, and abundant natural light throughout. Granite surfaces continue throughout the home, complemented by crown molding that adds a refined, upscale touch to every space. The home is also pre-wired for a portable generator with a dedicated exterior hookup, offering added convenience and peace of mind during storm season. Step outside to your extended screened-in lanai, complete with a built-in barbecue—perfect for entertaining, outdoor dining, and enjoying peaceful pond views year-round with added privacy and no rear neighbors. Upstairs and downstairs living spaces provide flexibility for large households, remote work, or multi-purpose use, while the 3-car garage offers ample space for vehicles, storage, or hobbies. Located in a desirable HOA community with convenient access to shopping, dining, and major highways, this home combines space, privacy, and true multi-generational functionality. If you're looking for a move-in-ready home that offers both togetherness and independence under one roof, this property stands out as one of the most versatile and valuable homes. Buyer to assume solar panel lease 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.
