**$5,000 Seller Concession Available + Assumable loan opportunity at 3.875%** Beautifully updated and move-in ready, this 4-bedroom, 2-bath home in the desirable Wingfield Glen community offers stylish upgrades, impressive curb appeal, and a highly convenient St. Augustine location close to everything Northeast Florida has to offer. Filled with natural light, the open-concept layout features soaring ceilings, elegant porcelain tile flooring throughout the primary living spaces, and freshly professionally painted entry, family, kitchen, and living rooms (2026). A stunning upgraded front entry creates a memorable first impression with decorative beveled glass sidelights and transom windows that add both architectural elegance and abundant natural light. The remodeled primary suite (2022) offers a spa-inspired retreat The updated kitchen is designed for both everyday living and entertaining, showcasing granite countertops, glass tile backsplash, stainless steel appliances, and a spacio complete with dual vanities, a custom walk-in shower, and a spacious walk-in closet. Outdoor entertaining is enhanced by the extended custom extended paver patio featuring a built-in fire pit and seating area, while the backyard also includes a sizable custom-built storage shed designed to complement the home with matching Hardie board siding. Additional upgrades include a newer roof (2018), Hardie board siding installation (2022), added real stone exterior accents, washer and dryer included, and thoughtfully updated finishes throughout. Ideally located with easy access to Jacksonville, historic downtown St. Augustine, shopping, dining, and top-rated St. Johns County schools, this home is also centrally positioned near some of Northeast Florida's most beautiful beaches, including Ponte Vedra Beach, Vilano Beach, and Jacksonville Beach. Enjoy the convenience of being close to everything that makes the Northeast Florida lifestyle so desirable.
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.
Data provided is deemed reliable but is not guaranteed. The data relating to real estate for sale on this website comes in part from the Northeast Florida Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.
