Step onto the paver driveway and into a home that lives with the comfort and ease buyers want in Southwest Florida. Built in 2022 and cared for by its original owners, this DR Horton Aria floor plan offers a smart three-bedroom design that blends open living with peaceful private spaces. Inside, the great room connects the kitchen, dining, and living areas in one bright gathering space anchored by a spacious island. Sliding doors draw you toward the screened lanai, a true Florida essential that lets you enjoy fresh air and gentle breezes while staying protected from sun and insects. This natural extension of the living area becomes your favorite spot from morning coffee to relaxing evenings. The primary suite sits quietly at the back of the home with a comfortable bedroom, double vanity bath, and walk in closet. Two additional bedrooms near the front provide flexibility for guests, a home office, or hobby space. Solar electricity adds day-to-day efficiency and participates in Florida Power and Light’s net metering program, offering credits for excess energy and helping reduce monthly costs over time. Location elevates everything here. The rapidly growing Pine Island Road corridor continues to add new restaurants, shopping, and services, and major projects like Cape Coral Grove are shaping a vibrant town center with dining, entertainment, parks, and gathering spaces. These additions bring more activity to Cape Coral without needing to cross the bridge. When you do venture out, the Fort Myers River District offers historic brick streets, waterfront dining, galleries, live music, and monthly art and music walks. It is a lively downtown experience just a short drive away. For big concerts, comedy shows, family entertainment, and Florida Everblades hockey, Hertz Arena provides a full schedule of touring acts throughout the year. Regional shopping options such as Edison Mall in Fort Myers and Coconut Point, Miromar Outlets, and Gulf Coast Town Center in Estero add even more choice for dining, fashion, and entertainment, all within easy driving distance. With its thoughtful design, newer construction, energy advantages, and access to everything that makes Southwest Florida such an exciting place to live, this home invites you to experience it for yourself. Come see how naturally life fits here and why buyers are drawn to this thriving part of Cape Coral.
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.
