Looking for the perfect winter retreat? This lake-view villa in Windsong delivers modern comfort and low-maintenance living. Built in 2020 by Neal Communities, this two-bedroom plus den, two-bath villa offers 1,632 square feet under air and approximately 2,052 total square feet. Located in the gated community of Windsong, known for its British West Indies inspired design, the home captures serene lake views from the lanai, main living area, and primary bedroom and is within walking distance to the community pool and dog park. The open layout features 8-foot doors, crown molding, upgraded window treatments, designer lighting with dimmers, a 72-inch six-speed ceiling fan, and a custom accent wall. The gourmet kitchen includes natural gas cooking, upgraded Corian countertops, custom blown-glass pendant lighting, a walk-in pantry with custom spice rack, and stone backsplash. The den offers French doors and privacy shades. The primary suite enjoys lake views and a frosted-glass barn door to the bath. Both baths feature upgraded Corian counters and handicap-height toilets, while the guest bath includes a full glass shower enclosure. Designed for peace of mind, the home includes Cat 5 impact-rated windows and doors, Kevlar lanai shutters, generator pre-wiring, whole-house surge protector, water filtration system, epoxy garage floor, retractable screen doors, and natural gas grill connection. HOA includes maintenance-free landscaping, basic cable, and high-speed internet. No CDD fees and located in Flood Zone X. Ideally situated near Daniels Parkway, residents enjoy easy access to the Six Mile Cypress Slough Preserve, spring training facilities, premier shopping, dining, healthcare, and Southwest Florida International Airport. Enjoy carefree living in Windsong, where maintenance-free landscaping and a serene setting let you fully embrace the lifestyle you deserve. *********Per the Windsong HOA beginning 3-16-26, Windsong will complete power washing of exterior walls, doors (including garage doors), soffits and gutters, along with crack sealing and exterior repainting of each villa — a significant maintenance benefit that enhances value and preserves the integrity of the property.****
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.
