14095 OVIEDO PL, Fort Myers, FL 33905
Welcome to 14095 Oviedo PL, your little slice of Florida! This 1,405 sq. ft. two-story townhome, built in 2022, is smoke-free and pet-free, featuring a modern open-concept design. The first floor includes a stylish kitchen, a "Cupboard Under the Stairs," a convenient half bathroom downstairs, a pantry, a dining area, and a great room with two 4’x8’ sliding glass doors and one 4’x8’ screen door, all leading to a serene patio. For added privacy without sacrificing natural light, top-down bottom-up shades have been installed. Extra windows at the front and next to the kitchen ensure abundant natural light and excellent cross ventilation. The kitchen boasts updated lower cabinets with metal Rev-a-Shelf units for easy access to mixing bowls and countertop appliances, along with a backsplash and an accent wall for a touch of elegance. Upstairs, the owner’s bedroom comes with an ensuite bathroom, complemented by an upstairs laundry room, two additional comfortable bedrooms, and a second full bathroom. Enjoy the tranquil setting of this lot with beautiful Florida sunsets visible from your west-facing patio, framed by palm trees and a lovely small lake. With no neighbors to your right, you’ll enjoy open green space and serene lake views. Security is top-notch with a Ring system protecting the home with window and door sensors, a motion sensor, and fire and carbon monoxide detectors. The garage door is insulated to reduce summer heat, and equipped with myQ Smart Garage Control and a camera, compatible with the Chamberlain garage door opener. Within 250 yards of your front door, the Portico Amenity Center offers a resort-style pool, a 24-hour fitness center, a playground, gas grills, and courts for basketball, pickleball, and tennis. Additionally, several miles of sidewalks throughout the community provide the perfect setting for running, biking, or leisurely walks year-round.
You may be able to put down less than the total down payment amount of $78,143 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #224044120