Welcome Home! This beautifully maintained Cape Coral property is the perfect blend of comfort, charm, and long-term peace of mind — located in a highly desirable NO FLOODING ZONE with full hurricane shutters for ultimate protection. Sitting on an oversized lot. From the moment you arrive, you’ll notice the pride of ownership and the extensive list of upgrades that make this home truly stand out. The exterior is enhanced with gorgeous palm trees (2019), a green fence (2016), a 2021 enclosed front entry and lanai, plus a cozy built-in patio fireplace (2021) that turns evenings into magic. The low-voltage LED color-changing landscape lighting (2022) adds the perfect touch of elegance day or night. Inside, the home features a long list of modern improvements that ensure comfort and functionality. The flooring has been thoughtfully updated with carpet removal and new wood flooring (2016), ceramic tiles (2025), and a stunning ceramic tile backsplash in the kitchen (2018). Enjoy the benefits of stainless steel appliances, including a refrigerator that’s only one year old. The kitchen is brightened by a beautiful skylight added in 2022, and every cabinet throughout the home features updated hardware. All faucets and shower heads were replaced in 2018, fans were installed in every room (2015), and all outlets, switches, and covers were replaced in 2016 for a clean, modern look. Your master suite received a complete remodel in 2019, offering a fresh and stylish retreat. Additional conveniences include a WiFi-enabled garage door opener (2022), a garage screen (2022), an attic retractable ladder (2018), and a 24/7 security system with four cameras—perfect for peace of mind whether you’re home or away. Step outside to the backyard and you’ll find your own private oasis with an outdoor shed (2020), upgraded sprinklers (2015), and plenty of space to enjoy Florida living at its best. UPGRADE SUMMARY (TONS OF UPGRADES!): • NO FLOODING ZONE • Hurricane shutters • Sprinklers (2015) • Carpet removed & wood flooring added (2016) • Ceramic tiles (2025) • Green fence (2016) • All faucets & shower heads replaced (2018) • Fans in all rooms (2015) • New outlets, switches & covers (2016) • Master bathroom remodel (2019) • Garage screen (2022) • Kitchen skylight (2022) • Outdoor shed (2020) • Enclosed lanai & front entrance (2021) • Hardware installed on all cabinets • WiFi garage door opener (2022) • Attic retractable ladder (2018) • 24/7 security system with 4 cameras • Patio with built-in fireplace (2021) • LED color-changing exterior lighting (2022) • Ceramic tile kitchen backsplash (2018) • Stainless steel appliances; fridge 1 year old • Palm trees (2019)
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.
