Move-In Ready Pool & Spa Home! Welcome to this cozy yet unique 3-bedroom, 2-bath, 2-car garage residence offering an inviting presentation and exceptional potential. A NEW ROOF was installed December 4, 2025, providing peace of mind, along with electric hurricane shutters—a valuable enhancement as hurricane season approaches. An attractive tiled, screened front entryway adds to the home’s curb appeal. The outdoor living area is truly the star of the home. The pool and spa are accessible through three sets of sliding glass doors, creating seamless indoor-outdoor living and allowing guests to enjoy the lanai without disturbing sleeping homeowners. The pool and spa feature separate temperature controls, offering comfort while remaining economically efficient. A separate lanai dining area includes a countertop surface and cabinets, ideal for entertaining. Inside, you’ll find numerous desirable upgrades, including hard-surface countertops, a custom spice/storage kitchen cabinet, new refrigerator (October 2024), an upgraded primary bath, plantation shutters, a fireplace, a water softener, and utility sinks located in both the garage and exterior of the home—adding convenience and functionality. Located in a desirable community with friendly neighbors and social opportunities, this home offers city water and sewer, with the added benefit of county taxes only—no city taxes. The low annual HOA fee of just $432 enhances the home’s overall value. Its prime location provides easy access to SR-82, making commuting to Fort Myers simple, while also offering quick access to Southwest Florida International Airport, Fenway South (Minnesota Twins Stadium), and the Immokalee Casino. With its location and amenities, this property also presents an excellent opportunity for seasonal rental income. An ideal choice for buyers seeking comfort, convenience, and a well-rounded Southwest Florida lifestyle.
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.
