“Breathtaking” hardly begins to describe the sweeping golf and water views from this beautifully updated home, perfectly tucked away on a secluded cul-de-sac with a truly one-of-a-kind lot. With a double fairway view, a pond behind you, and privacy all around, this property offers a rare combination of serenity, scenery, and space that is hard to find in a community. Inside, the home shines with thoughtfully updated kitchen and bathrooms designed for both beauty and functionality. The stunning kitchen features gleaming quartz countertops, upgraded appliances, abundant workspace, soft-close cabinetry and modern finishes, making it the perfect hub for cooking, gathering, and entertaining. The same attention to detail carries into both beautifully renovated bathrooms, where quartz countertops, an updated shower and a jetted tub create an exclusive spa feel. The massive extended living area is truly a showstopper, offering the perfect place to relax or entertain while enjoying uninterrupted views of the golf course and sparkling water beyond. Throughout the home you’ll find plank-style tile flooring for a seamless, modern look, with cozy carpeting in one guest bedroom for added comfort. With three spacious bedrooms, generous closet space, double vanities in the primary suite, soft-close drawers throughout, and a full two-car garage, this home effortlessly blends luxury and practicality. Step outside and discover a backyard that is just as special as the home itself. The fenced yard, charming gazebo, and inviting seating area create a peaceful outdoor retreat—perfect for morning coffee, evening gatherings, or even watching the rocket launches. Just moments from your back door, you’ll also find a small piece of local history, adding to the unique character of this remarkable setting. Major updates provide peace of mind: Roof – 2017 HVAC – 2023 Located in the highly sought-after Spruce Creek South community, you’ll enjoy gated security, golf-cart-friendly living, and quick access to the dining, shopping, and entertainment of Spanish Springs in The Villages. Residents enjoy an incredible lineup of amenities including an 18-hole golf course, 25,000-square-foot clubhouse, fitness center, ballroom, library, hobby and game rooms, The Links restaurant, plus pickleball, tennis, bocce, volleyball, basketball, pool and spa, softball and horseshoe teams, water aerobics, dance clubs, and countless social activities. This is more than just a beautifully updated home—it’s a rare property with an unforgettable view and a lifestyle to match. Seller will consider a $5,000 concession for landscaping updates or toward closing costs.
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.
