Discover your own slice of paradise in this impeccably maintained and significantly upgraded home in the highly sought-after, gated community of Bridgetown at The Plantation. Perfectly positioned on a lakefront lot, this home blends elegant design with the ultimate Florida outdoor lifestyle, offering breathtaking views, unmatched privacy, and the peace of mind of big-ticket updates including a new roof and AC system (both 2023). Curb appeal is undeniable, featuring a manicured paver driveway, lush tropical landscaping, and Spanish-style tile roof. Step through the custom leaded-glass front door into a bright, welcoming foyer with soaring 12 ft ceilings and architectural arches. The open-concept floor plan is bathed in natural light, highlighted by neutral tile flooring that flows seamlessly through the main living areas. The spacious Great Room, with its crown molding and large sliding glass doors, draws your eye immediately to sparkling water views, creating a seamless indoor-outdoor living experience. The heart of the home is the gourmet eat-in kitchen, refreshed for the modern chef. It features rich wood cabinetry with crown molding, granite countertops with ample prep space, and new stainless steel refrigerator, stove, and dishwasher (2024). This versatile floor plan offers privacy and comfort. The bedrooms are generously sized, featuring luxury vinyl or tile—no carpet—and large windows that let the sunshine in. The layout is ideal for hosting guests or setting up a dedicated home office. You will appreciate the value of a new water heater installed in 2025, ensuring comfort and efficiency for years to come. Step outside to your private sanctuary on the expansive, screened-in lanai. This outdoor oasis features a stunning heated pool with a new pool heater (2024) for year-round enjoyment. Whether you are floating in the warm water, lounging on the paver deck, or enjoying a cocktail in the shade, the serene lake backdrop provides the perfect setting for relaxation. Living in Bridgetown means every day feels like a vacation. Residents enjoy access to Bridgetown Hall, a world-class amenity center featuring a resort-style pool and separate lap pool, fitness center, and premier tennis, pickleball, and bocce courts known for their active leagues. The community also offers a clubhouse with social events, plus maintenance-free lawn care included in the HOA. You are just minutes from RSW International Airport, JetBlue Park for Red Sox Spring Training, and high-end shopping and dining at Gulf Coast Town Center. With all major systems recently updated, this home is truly move-in ready. Don’t miss this opportunity to live the dream in one of Fort Myers' most desirable neighborhoods.
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.
