3615 Derby Forest Dr, Green Cove Springs, FL 32043
3 beds · 2 baths · 1,715 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Nestled in the heart of Green Cove Springs, this stunning three-bedroom, two-bathroom home offers the perfect blend of modern comfort and small-town charm. Less than five years old, this home feels brand new, with a thoughtfully designed split floor plan that provides both privacy and functionality. From the moment you step inside, you'll notice the sleek, low-maintenance flooring—no carpet anywhere—making it as beautiful as it is easy to care for. The open-concept kitchen is a true centerpiece, featuring a spacious island that invites conversation, casual dining, and effortless entertaining. Natural light fills the living spaces, creating a warm and welcoming atmosphere. The primary suite is a peaceful retreat, complete with a generously sized bathroom and a walk-in closet that offers plenty of space for storage and organization. Living in Green Cove Springs means enjoying the best of both worlds—modern conveniences paired with the charm of a historic riverfront town. Spend weekends exploring Spring Park, where moss-draped oaks frame picturesque views of the St. Johns River. The laid-back lifestyle here is complemented by local shops, family-owned restaurants, and some of the best fishing and boating opportunities in Northeast Florida. Whether you're looking for a quiet escape from the hustle of the city or a place to plant roots in a thriving community, this home offers it all. Move-in ready and waiting for its next owner, this is your chance to experience the beauty of Green Cove Springs living.
Source: REALMLS #2068466
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: REALMLS #2068466
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
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 © 2025 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.
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