5618 Rosewall Cir Leesburg, FL 34748
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About this home
One or more photo(s) has been virtually staged. Welcome to Highland Lakes—where active, carefree living meets Florida charm! This beautifully maintained 2-bedroom, 2-bath home offers the perfect blend of comfort, convenience, and community in one of Central Florida’s most sought-after 55+ gated neighborhoods. Step inside and discover an inviting, open-concept layout designed for easy living. The spacious living room flows into a bright Florida room overlooking peaceful green space—ideal for morning coffee, reading, or entertaining friends. A versatile bonus room adds flexibility for a den, office, or hobby space. The well-appointed kitchen features Corian countertops, abundant cabinetry, a pantry, breakfast bar, and sleek dark stainless-steel appliances—everything you need to make cooking a joy. The split floor plan ensures privacy, with a generous primary suite offering a walk-in closet and a private ensuite bath with a step-in shower. Your guest bedroom and second full bath are perfectly placed for visiting family or friends. Thoughtful extras include double-pane insulated windows, a two-car garage with a utility sink and attic storage, and an expansive ¼-acre lot for added elbow room. Highland Lakes residents enjoy resort-style amenities—including indoor and outdoor pools, tennis and pickleball courts, a fitness center, shuffleboard, softball, and a driving range. The stunning clubhouse hosts concerts, dinners, plays, and social events, plus a library, craft studios, woodworking shop, and even free boat and RV storage. Centrally located near shopping, dining, medical facilities, and major highways, this home offers the perfect mix of relaxation and activity. Experience the lifestyle you’ve earned—carefree, vibrant, and full of connection—at Highland Lakes!
Source: STELLAR #G5096926
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FAQs
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.