Located within the guard-gated golf community of Eagle Creek in Lake Nona, this lavishly upgraded 4-bedroom, 3.5-bath residence offers 2,899 square feet of thoughtfully designed living space with luxury finishes and exceptional indoor-outdoor entertaining areas. Filled with natural light, the open-concept floor plan showcases spacious living and dining areas enhanced by Restoration Hardware lighting, custom features, and designer upgrades throughout. The completely renovated kitchen serves as the centerpiece of the home, featuring stunning backlit Brazilian Cristallo Quartzite countertops, dual oversized islands, premium Gaggenau refrigerator, dishwasher, oven, and microwave, a Zephyr range hood, built-in nugget ice machine, custom pantry built-ins, and extensive cabinetry. A striking glass-enclosed wine display creates a unique focal point while adding both functionality and visual appeal. The primary suite offers a private retreat with upgraded finishes and a spacious bath, while the additional bedrooms provide flexibility for guests, family, or home office space. Additional interior improvements include a renovated powder bath featuring an illuminated Cristallo Quartzite sink, wall-mounted television installations, customizable lighting systems, tankless water heater, laundry chute, and a new Bosch air conditioning system. Outdoor living is equally impressive, showcasing a heated saltwater pool with custom lighting, covered summer kitchen with built-in grill and refrigerator, Sonos outdoor sound system, in-ground speakers, Epson outdoor projector with screen, Restoration Hardware exterior lighting, and mature landscaping designed to provide privacy and a resort-style atmosphere. Additional features include a fresly epoxy-coated garage floor and convenient access to Eagle Creek's championship golf course, clubhouse, fitness center, community pools, tennis courts, playgrounds, and 24-hour guarded gate entry. Located just minutes from Lake Nona Medical City, Lake Nona Town Center, Orlando International Airport, shopping, dining, and major highways including SR-417 and SR-528.
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.
