1104 NW 12th Ln, Cape Coral, FL 33993
3 beds · 2 baths · sqft
Welcome to your dream home! This beautifully upgraded single-family residence offers the perfect blend of style, comfort, and convenience. Featuring 3 spacious bedrooms plus a den, 2 modern bathrooms, and a 2-car attached garage, this home is designed for easy living and elegant entertaining. Step inside to discover an open floor plan that seamlessly connects the living, dining, and kitchen areas. With soaring vaulted ceilings and chic tile plank flooring throughout, the living space feels both expansive and inviting. The kitchen is truly a chef’s delight, boasting stainless steel appliances, sleek granite countertops, and soft-close cabinets that offer both beauty and functionality. Retreat to the luxurious primary suite, where you'll find an upgraded en-suite bathroom complete with dual walk-in closets, a modern vanity, a glass-enclosed walk-in shower, and stylish tile plank flooring. The additional bedrooms are equally impressive, each featuring built-in closets and the same high-end tile flooring. Outdoor enthusiasts will love the expansive backyard, perfect for hosting gatherings, playing with family, or even adding a pool. Relax on the charming front porch or unwind in the screened-in lanai—both ideal spots for soaking up the Florida sunshine. Located in a highly desirable neighborhood, this home is just minutes from top-rated schools, popular restaurants, shopping centers, and a golf course. Enjoy the convenience of nearby amenities like Mariner High School, Mariner Middle School, Northwest Softball Complex, and Sam's Club—all within a 15-minute drive. This stunning home won’t last long—schedule your showing today and make it yours before it’s gone!
Source: FORTMYERS #224067605
Interest rate and monthly payment estimated based on public records.
Source: FORTMYERS #224067605
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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 “Get Notified” 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 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.
MLS ID: #224067605
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.