14528 Palamos Cir Fort Myers, FL 33905
Your savings
About this home
ACT FAST, ASSUMABLE VA MORTGAGE AT 2.265% WITH APPROVAL, an unheard-of benefit in today’s market.THIS OPPORTUNITY WONT LAST! This beautiful Summerville II , Perfectly positioned with serene lake views, this coveted floor plan features a huge open living area with eat-in dining and a great room that serves as the entertainment hub of the home. Interior highlights include large tile laid on the diagonal throughout the main areas, with comfortable carpeting in the bedrooms. The expansive design flows seamlessly to the outdoors, where you’ll enjoy the view from your covered lanai with extended patio with brick pavers, surrounded by lush landscaping, palm trees, and vibrant greenery. Located in the highly desirable Portico community, residents enjoy a family-friendly atmosphere with resort-style amenities, including a resort pool, fitness center, basketball and tennis courts, pickleball, bike racks, and a welcoming gathering room. There are several groups available for a variety of activities. Conveniently situated near schools, downtown Fort Myers, and I-75, this home offers the perfect balance of lifestyle and location. Fort Myers Beach is just 30 miles away, along with abundant dining, shopping, and entertainment options nearby. This rare combination of a beautiful home, resort amenities, and an incredible assumable VA loan (with approval), makes this property a must-see. Schedule your showing today!
Source: FORTMYERS #2025010755
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
FAQs
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.