Nestled in the sought-after Sable Point neighborhood of Haile Plantation, this timeless Southern Living–inspired residence offers the perfect blend of classic design, quality craftsmanship, and an exceptional lifestyle. Haile Plantation is a true planned unit community where you can live, work, and play, all within a beautifully maintained setting. Built in 2000 by Double H Construction—renowned for their superior craftsmanship—this home showcases exquisite architectural details including wide crown moldings, chair rails, fully cased windows, and custom millwork throughout, along with built-in sound speakers for added convenience and ambiance. Spanning 2,779 heated and cooled square feet, the thoughtfully designed three-way split floor plan features 5 bedrooms, 3 full baths, and a half bath, offering both privacy and flexibility. Rich wood flooring flows through the dining room, private study, owner’s suite, and all guest bedrooms—there is no carpet in the home. A classic center hall foyer welcomes you in, flanked by a formal dining room on one side and a private study on the other, both enhanced with deep crown molding and chair rail detailing. The grand great room serves as the heart of the home, highlighted by stunning wall-to-wall built-ins with gas fireplace, a custom mantel, cased mirror above, and built-in cabinetry on either side—showcasing the detailed woodwork this builder is known for. Expansive windows and double French doors flood the space with natural light while offering inviting views of the lanai and pool. The kitchen is both functional and impressive, featuring a large 4x4 skylight, solid maple cabinetry, granite countertops, stainless steel appliances, and a new glass-front refrigerator. Just beyond, a spacious breakfast room overlooks the pool, creating the perfect setting for casual dining. The owner’s suite is a serene retreat with a vaulted ceiling, wood floors, chair rail accents, and peaceful pool views. The en-suite bath includes double vanities, a garden tub, a new glass-enclosed shower, a private water closet, and a custom-designed oversized walk-in closet. Four guest bedrooms provide exceptional flexibility. Two bedrooms off the Great Room share a hall tub bath, while two additional bedrooms toward the rear of the home share a large hall shower bath—ideal for guests, family, or hobby spaces. Step outside to a spectacular lanai and pool area designed for true Florida living. Concrete pavers span the entire space, with ample covered areas for relaxing and entertaining. The saltwater free-form pool features an automatic cleaner, and the fully equipped summer kitchen—complete with grill, burner, and sink—makes outdoor entertaining effortless. A convenient half bath with direct lanai access completes this incredible outdoor retreat. Additional features include an indoor laundry room and a two-car garage. Recent updates provide peace of mind, including a 2021 roof, two brand-new hot water heaters (less than a month old), and a 22 kw gas Generac generator. Haile Plantation offers two villages, the Hawkstone Country Club complete with clubhouse and restaurant, pool, tennis, fitness center, and golf. Scenic walk paths grace the entire community, the large recreational Hampstead Park just around the corner, and to top it off, highly rated public schools. This is a rare opportunity to own a beautifully maintained, classically styled home in one of the area’s most desirable communities.
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.
