10571 Jackson Square Dr, Estero, FL 33928
3 beds · 2 baths · 2,432 sqft
Now being offered with the furnishings negotiable! Welcome to your dream home in Tidewater by Del Webb, Estero's premier 55+ community! This stunning 3-bedroom plus den, 2-bath single-family home features the desirable Summerwood floor plan. Nestled on a premium lot with breathtaking southwestern views of a tranquil lake, this residence boasts a covered, screened, extended lanai perfect for outdoor relaxation and entertaining. Step inside to discover an open-concept layout that seamlessly connects indoor and outdoor living. Zero corner sliding doors lead to an expansive wraparound lanai, offering pristine lake views that enhance your living experience. The gourmet kitchen is a chef's delight, featuring gorgeous quartz countertops, a natural gas range, and a walk-in pantry. The large island with a breakfast bar and a cozy dining nook with views of the lake make mealtime a pleasure. The split bedroom layout ensures privacy, with a spacious master suite complete with an ensuite bath and an oversized walk-in closet, while the guest room offers comfort for visitors. The private den with French-door entry serves as a perfect home office or can easily accommodate additional guests. Just a short stroll away, the award-winning amenity center invites you to partake in various activities, including tennis, pickleball, and bocce. Bask in the sun by the pool, enjoy a BBQ at the cabanas, or unwind with a refreshing beverage at the sunset bar. This vibrant community is ideally located in Estero, close to RSW Airport, Miromar Outlets, Hertz Arena, and I-75. Don’t miss the opportunity to call this beautiful property home!
Source: FORTMYERS #225011301
Source: FORTMYERS #225011301
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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.
How do I qualify for an assumable mortgage?
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.