MAJOR PRICE DECREASE - OPEN TO OFFERS - CUSTOM SALTWATER POOL/SPA ON AN OVERSIZED CORNER LOT! This is the one that stands out—you can’t miss it as you drive through the neighborhood! A rare 4-bedroom, 2-bath pool home in Bonita Springs, fully upgraded and move-in ready, it’s ideal as a family residence, vacation escape, or income-producing investment. NO HOA, NO flood zone, and NO hurricane damage. Curb appeal is unmatched: Built in 2018, a 2023 roof, fresh exterior paint, backlit house numbers, hardwired security cameras, lush privacy landscaping, extended paver driveway, and a 2-car garage with built-in office and its own mini-split A/C. Every detail exudes quality and style, including custom exterior lighting, designer landscaping, and a private fenced yard—perfect for boats, RVs, or trailers. Outside you'll find your a custom saltwater pool and spa with sunshelf, waterfall, LED lighting, porcelain pavers, and an extended lanai. The covered seating area with retractable awning flows seamlessly into the interior, creating the ultimate indoor–outdoor living experience. Oversized yard with plenty of space for pets, kids to play, etc. Inside, the home is a showpiece: upgraded tile flooring, designer lighting, crown molding, fresh paint, and a perfectly open split floor plan. The kitchen was renovated within the last couple months, with custom wood cabinetry, quartz countertops and backsplash, oversized island, stainless steel appliances, walk-in pantry, recessed lighting, and a coffee bar overlooking the pool—perfect for entertaining. Guest bedrooms are spacious with large closets and upgraded finishes/flooring. The fully renovated guest bath features modern high-end touches such as an upgraded quartz vanity, porcelain tile tub/shower.and upgraded floors. The primary suite is a private retreat with dual walk-in closets and a recently renovated bath boasting dual quartz vanities, quartz countertops, modern fixtures, and a walk-in shower with floor-to-ceiling porcelain tile. Located minutes from Coconut Point Mall, top-rated schools, dining, and Downtown Bonita, this move-in ready home with rare 4-bedroom layout and extensive custom upgrades is priced to sell fast.
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.
