15163 Summit Place Cir, Naples, FL 34119
3 beds · 3 baths · 2,151 sqft
Imagine waking up to serene lake views in this modern end-unit townhouse in the sought-after Summit Place community. This meticulously maintained two-story residence offers three spacious bedrooms, three full baths and a two-car garage, providing ample space for comfortable living. Recent upgrades include hurricane-impact windows for enhanced storm protection and energy efficiency, along with a new tile roof for added durability. Upon entering, you'll be greeted by luxury vinyl plank flooring that extends through the main living areas, complemented by elegant arched walkways. The kitchen boasts granite countertops, a mosaic tile backsplash, and stainless steel appliances, including a range, microwave, dishwasher and refrigerator with an ice maker. A walk-in pantry with shelving doubles as a laundry area, equipped with a top-load washer, front-load dryer and overhead white cabinetry for additional storage. Adjacent to the kitchen, a cozy breakfast nook offers beautiful garden views, ideal for morning meals. The formal dining area seamlessly flows into the living room, where glass sliders open to a screened lanai. This outdoor oasis features a covered seating area with a ceiling fan, overlooking the tranquil lake, ideal for relaxation and entertaining. A full bath on the main floor includes a wood vanity with a porcelain countertop and a shower-tub combination for convenience. Upstairs, the owner's suite is a retreat, featuring a tray ceiling, a large walk-in closet with custom built-ins and a spa-like en-suite bath. The bath offers a dual sink vanity with a makeup counter, a walk-in shower and a separate soaking tub. Two additional guest bedrooms share a well-appointed bath with a granite-topped vanity and a shower-tub combination. Residents of Summit Place enjoy low HOA fees and access to resort-style amenities, including a 24/7 guarded gatehouse, basketball courts, tennis and pickleball courts, a community pool with a hot tub, a clubhouse, barbecue picnic areas, saunas, a fully equipped fitness center and a playground. The community’s prime location places you near Founders Square, a vibrant 38,000-square-foot dining and retail hub, top-rated schools, Gulf Coast beaches, Mercato, downtown 5th Avenue, Interstate 75, Waterside Shops, and premier dining and shopping destinations. This move-in-ready home offers the ideal blend of style, convenience and an unbeatable location so schedule your private showing today!
Source: FORTMYERS #225022190
Financials
Source: Public records
Source: FORTMYERS #225022190
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.
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 “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.