Welcome to your slice of Florida paradise in the highly sought-after The Isles at West Port! Nestled on a peaceful lakefront homesite, this beautifully maintained 3-bedroom, 3-bath home with a spacious den offers the perfect blend of coastal charm, modern comfort, and family-friendly living. Built in 2022 and lovingly cared for with incredible attention to detail, this home truly radiates pride of ownership from the moment you arrive. From the lush, meticulously maintained landscaping to the thoughtful upgrades throughout, you can feel the heart this family poured into every inch of the property. Step inside and you’re welcomed by a light, bright, open-concept design featuring ceramic tile flooring, stone countertops, and stylish finishes that create an airy Florida vibe perfect for everyday living and entertaining alike. The kitchen is a showstopper with its beautiful new backsplash, updated pendant lighting over the island, and seamless flow into the living and dining spaces. Elegant newer chandeliers in the dining room and entryway elevate the space, while ceiling fans in every room keep the coastal breeze feeling alive year-round. The flexible den makes an ideal home office, playroom, media room, or guest retreat. This home is packed with upgrades and carefully maintained systems including a seamless gutter system around the entire home, drip irrigation along the sides of the house, full lawn irrigation, hurricane shutters, Smart Home setup, ADT security on all doors and windows, fencing for garbage cans, newer bathroom light fixtures, and a new ridge vent roof system. The interior was freshly repainted in 2025, and the AC ductwork was professionally cleaned with the HVAC system serviced and filters replaced in April 2026 for added peace of mind. Enjoy tranquil lake views while living in one of the area’s most welcoming and close-knit communities. Homes in this particular section rarely become available, and neighbors here enjoy a true sense of community with family-friendly activities and events throughout the year. Conveniently located near Charlotte Sports Park, shopping, dining, beaches, and everything Southwest Florida living has to offer! Walking distance to Centennial Park - where you can enjoy the Olympic-size swimming pool, volleyball courts, and more! To make this opportunity even sweeter, the seller is offering up to $500 in prepaid HOA fees with an acceptable offer PLUS a 1-year home warranty delivered at closing! This move-in ready coastal gem is ready to welcome its next family home.
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.
