Welcome to this beautifully maintained 3-bedroom, 2-bath home, ideally located in one of the most desirable neighborhoods in SE Cape Coral, just minutes from both bridges and vibrant downtown Cape Coral. This prime location offers unmatched convenience while still providing a peaceful residential setting. Lovingly cared for by its original owners since it was built in 2006, this home radiates pride of ownership at every turn. Every detail has been thoughtfully maintained, upgraded, and impeccably cared for over the years. Situated on a desirable corner lot, the property offers exceptional curb appeal with newly enhanced landscaping, decorative curbing around the landscape beds, and a beautifully maintained exterior that reflects years of attentive stewardship. For added peace of mind, the home features impact-resistant windows, accordion shutters, and has never experienced flooding during hurricanes. Step inside to discover a bright, inviting floor plan featuring beautiful window treatments, spacious living areas, and tasteful finishes that create a warm and comfortable atmosphere. This home is being offered fully furnished, making it truly move-in ready for its fortunate new owners. The oversized 3-car garage has been thoughtfully extended to accommodate larger vehicles, including pickup trucks—providing exceptional storage and parking flexibility rarely found in similar homes. Outside, you’ll appreciate the beautifully landscaped yard and the highlight of the property—an extra-large screened lanai overlooking a tranquil canal view. This inviting outdoor living space is perfect for entertaining guests, relaxing with a good book, or enjoying your morning coffee while taking in the peaceful waterfront setting. This home has been meticulously maintained, beautifully appointed, and lovingly enjoyed by owners who are now ready to downsize. Opportunities like this are rare—a home that combines quality construction, thoughtful upgrades, storm preparedness, exceptional maintenance, and true move-in-ready convenience in one remarkable package. Whether you're looking for a full-time residence, seasonal retreat, or investment opportunity, this stunning property is ready for you to start making memories from day one. Don’t miss your chance to own this truly special home that stands out from the rest and exemplifies Florida living at its finest.
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.
