1709 NE 4th Ave, Cape Coral, FL 33909
3 beds · 2 baths · 2,136 sqft
NO FLOODING - NO HURRICANE HELENE DAMAGE - NEW EXTERIOR PAINT - Charming 3 Bedroom, 2 Bathroom Pool Home with Tropical Oasis with an Assumable FHA loan 3.375 Step into paradise with this stunning 3 bedroom, 2 bathroom home, where luxury meets comfort. Nestled across from picturesque waterfront properties, this beautiful residence features vaulted ceilings and an open, airy layout that is perfect for both relaxation and entertaining. The chef's kitchen is a culinary dream, boasting sleek Corian countertops and top-of-the-line stainless steel appliances. Whether you're preparing a quick meal or hosting a dinner party, this space is designed for effortless cooking and style. The split floor plan offers both privacy and convenience, with a spacious living room and an expansive family room that provides ample room for gatherings. Four sets of sliding glass doors seamlessly connect the indoor and outdoor living spaces, opening to your very own tropical oasis. The solar-heated pool, complete with a serene waterfall, invites you to unwind and enjoy the sunny Florida weather. The fenced-in yard, adorned with lush Areca palms, ensures privacy and creates a serene environment. Additional features include roll-down shutters around the lanai for added protection and newer storm shutters throughout the rest of the home. This exceptional property combines elegance with functionality, making it a perfect retreat for those seeking both luxury and comfort. Don’t miss the opportunity to make this dream home yours!
Source: STELLAR #c7497314
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7497314
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: #c7497314
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.