1709 NW 9th St, Cape Coral, FL 33993
3 beds · 2 baths · 1,461 sqft
Welcome to this beautiful and nearly-new 3-bedroom, 2-bath home located in the highly sought-after Unit 52 of Northwest Cape Coral! Built in 2022, this modern home boasts a spacious and open floor plan that offers both comfort and functionality. Inside, you'll find a large living area perfect for relaxing or entertaining. The kitchen features a generously sized pantry, providing ample storage space for all your culinary needs. The master suite includes a private bathroom and plenty of closet space, while the two additional bedrooms are perfect for family, guests, or a home office. Enjoy the convenience of a 2-car garage, which offers additional storage options. The home is situated in a fantastic location with easy access to nearby shops, restaurants, schools, and parks, making it ideal for anyone looking for both tranquility and convenience. As an added bonus, the seller is relocating and is offering the option for the furniture to stay, making this move-in ready home an even better value. Whether you're a first-time homebuyer or looking for a great investment in a thriving area, this home is a must-see. Don’t miss out on this opportunity—schedule a showing today!
Source: NABOR #225002047
Source: NABOR #225002047
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.