11910 Bramble Cove Dr, Fort Myers, FL 33905
2 beds · 2 baths · 1,843 sqft
Seller is motivated! PRIVATE HEATED POOL AND SPA. NO GOLF OR SOCIAL MEMBERSHIP REQUIRED. This up to date gem is one of only a handful of homes in Verandah where membership to the golf club, tennis or dining is optional and not required. The unique arrangement can equate to considerable upfront and monthly savings over the purchase of other Verandah properties. This immaculate beauty features an inviting pool with spa and views of the preserve. The impeccably maintained two bedroom, two bath, plus den pool home is ready and waiting for you to dive in, relax and enjoy. The den can easily be converted to a 3rd bedroom. Outside upgrades include a new roof, new AC, new pool pump, new pool finish, new outdoor fans, and recently leveled and sealed pavers. Inside updates include LED light conversions, new recessed LED lighting in kitchen, great room and primary bedroom. The kitchen has been remodeled with new backsplash, quartz counters and newer appliances. Enjoy your coffee in the morning overlooking the quiet and peaceful nature preserve as your backdrop. Or, take in the sunset during a refreshing swim. This home has never been impacted by flooding. The open space, majestic oaks and the endless miles of walking, biking and jogging trails await. Enjoy the peace and serene beauty of Verandah. If golf membership is purchased you can choose between the challenging Jack Nicklaus designed Whispering Oak course or the Bob Cupp designed Old Orange. A social membership purchase includes dining, tennis, pickleball and community pool. Verandah features a kayak launch to the Orange River, two dog parks, a children's playground and other amenities unique to Verandah. The flood insurance that is required here is low and assumable. There has not been any flooding.
Source: NABOR #224087017
Interest rate and monthly payment estimated based on public records.
Source: NABOR #224087017
Source: Public records
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%. 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.
Other resourcesWhat 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.
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