Welcome to one of the best values in Naples Reserve. This beautifully upgraded residence showcases custom finishes throughout, designed to blend upscale living with everyday comfort and practicality. Set on a premium PRESERVE VIEW cul-de-sac homesite, the property enjoys lush landscaping, and a lake-fed automatic irrigation system. Featuring 3 bedrooms and 2 full baths, the home welcomes you with a striking impact glass front door and IMPACT GLASS throughout. Inside you will find, custom closet systems, designer lighting, and WOOD LOOK TILE flooring throughout the main living areas. The open-concept great room feels bright and refined with a tray ceiling, CUSTOM WOOD BEAMS, crown molding, HIGH END FANS, and IMPACT RATED FRENCH DOORS that lead to the lanai. The dining space is elevated by a statement chandelier and a shiplap accent wall. The kitchen is thoughtfully designed with UPGRADED CABINETS, custom roll-out shelving, QUARTZ COUNTERTOPS, tile backsplash, cabinet lighting, a custom pantry, and a large island with breakfast bar and pendant lighting. A premium appliance package includes a self-cleaning range, microwave, and an exterior-vented range hood. The primary suite offers a peaceful retreat with a WOOD BEAMS, upgraded FLOORS, TV mount with raised outlets, and a SPACIOUS CUSTOM CLOSET complete with lighting. The ensuite bath features a dual-sink QUARTZ vanity with roll-out shelves, BACKLITE MIRRORS, tile flooring, a large tiled shower with glass, and a private water closet. Guest accommodations include a secondary bedroom with a custom WALK IN CLOSET and a flexible den that functions as a third bedroom. The hall bath is finished with a tub and shower. The laundry room includes washer and dryer, and under-cabinet lighting. Outdoor living is a true highlight. The HEATED SALTWATER LAP POOL and PORTABLE SPA include a sun shelf, and bubblers. The extended paver lanai is enclosed with a screen, ceiling fan, and OUTDOOR SHOWER. The oversized two-car garage is loaded with upgrades including INSULATED GARAGE DOOR, STORARAGE RACKS, STORAGE CABINETS, and attic with pull-down stairs. Located in a guard-gated community with low HOA fees that cover lawn and landscape maintenance, residents enjoy RESORT STYLE amenities such as a lakefront clubhouse with a new kitchen and tiki bar, fitness center, lifestyle director, water sports, tennis, pickleball, walking trails, dog parks, and more. This is a rare opportunity to own a highly upgraded home that delivers luxury, convenience, and an exceptional lifestyle in a premier waterfront community.
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.
