1333 SW 8th Pl, Cape Coral, FL 33991
4 beds · 3 baths · 2,569 sqft
Stunning 4-Bedroom + Den Pool Home with Impact Windows & Doors! Welcome to this beautifully designed 4-bedroom + den, 3-bathroom single-family home that perfectly blends comfort, style, and functionality. With a split-bedroom layout, this home offers both privacy and spaciousness, making it ideal for families and entertainers alike. Step inside and be greeted by an elegant formal dining room, perfect for hosting memorable dinners. The well-appointed kitchen features a charming breakfast nook, where you can enjoy your morning coffee while taking in the serene views of the lanai and sparkling pool. A cozy fireplace adds warmth and character to the living space, making it the heart of the home. Designed with modern convenience in mind, this home boasts impact windows and doors, providing peace of mind, energy efficiency, and storm protection. The outdoor space is a true retreat, featuring a covered lanai and a beautiful pool area, ideal for entertaining, relaxing, or soaking up the Florida sunshine. Situated in a prime location, this home is just minutes from top-rated restaurants, shopping, and entertainment, ensuring that everything you need is right at your fingertips. Plus, with low assessments in place, the seller has generously agreed to pay them in full before closing—offering incredible value to the new homeowner! Don’t miss this opportunity to own a home that has it all—schedule your private showing today!
Source: FORTMYERS #225024921
Financials
Source: FORTMYERS #225024921
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.