**NEW ROOF (2024) & NEW WATER HEATER (2026) - YOUR FLORIDA SANCTUARY AWAITS IN CELEBRATION CAPE!** This isn't just another house on the market. 223 Destiny Circle is the next chapter you've been waiting for—a beautifully maintained semi-custom home where thoughtful upgrades meet a coveted location. Step inside and discover the difference. **WHAT MAKES THIS HOME SPECIAL:** Sleep soundly through Florida's storm seasons with a brand-new roof installed in 2024. The 2026 water heater adds another layer of complete peace of mind that most homes simply can't match. This is worry-free ownership at its finest. **THE CELEBRATION CAPE LIFESTYLE:** As you drive through the gates of this exclusive community, you'll immediately feel the tranquility that sets Celebration Cape apart. Your 145-foot deep lot offers exceptional privacy and the rare opportunity to create your own backyard paradise. Enjoy the community's impressive amenities, including a serene man-made lake perfect for peaceful walks, a charming tiki-style pavilion for gatherings, and a dedicated park for your furry friends. **ELEGANCE AND COMFORT:** Your journey begins with a grand 12-foot entryway and stunning crystalline glass front door that floods your home with natural light. Elegant tray ceilings and crown molding grace every room. The master suite is a true retreat, featuring a spa tub with dual shower heads for ultimate relaxation. The kitchen is a chef's dream with a granite island, upgraded cabinetry, and under-cabinet lighting that creates a warm, inviting glow. **SMART, EFFICIENT LIVING:** When the power goes out elsewhere in Cape Coral, you'll stay comfortable with the new portable generator (still in the box) and two military-grade gas containers, included for your peace of mind. The 2020 appliance package means you can simply unpack and enjoy. I'm also including all window treatments and the 2020 washer and dryer set for your convenience. **LOCATION THAT WORKS:** Minutes from Pine Island Road's shopping and dining, with easy access to the best of Cape Coral and Fort Myers. In a market where flood insurance is a major concern for many buyers, your NO FLOOD ZONE status provides both financial savings and invaluable peace of mind. **INTERNATIONAL BUYER BONUS:** Arrive with just your suitcases! For the ultimate move-in-ready experience, the home's premium Ethan Allen furniture collection is also available for separate purchase—perfect for those relocating from afar who want a seamless transition to Florida living. $420,000. Don't let this gem slip away. Schedule your private showing today. You'll quickly discover why the realtors who've seen this home were so impressed! Be sure to check out the link for the 360 degree virtual tour.
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.
