1780 Augusta Dr Apt 201 # 201, Fort Myers, FL 33907
2 beds · 2 baths · 1,383 sqft
Get a free consultation call with an expert in the mortgage assumption process.
GOLFERS PARADISE- Completely furnished 2 bedroom 2 bath condo with over 1300 sq feet of living space, large eat in kitchen with plenty of counter and cabinet space, granite countertops, stainless steel appliances, windows on all four corners making your home bright and spacious., Plantation shutters, Sliders lead to large tiled lanai off living room with attic storage, storage room as well as electric and manual shutters. Large master bedroom with walk in closet, tiled walk in shower. Split floor plan gives your guests total privacy. Front loader washer and dryer in unit 3 yrs old. Unit being sold furnished (few exclusions), a/c unit 2017, Unit includes covered carport. NEW ROOF. Steps from pool, Start living the lifestyle Seven Lakes 55+ has to offer, your monthly condo fees cover all your amenities - golf with no transfer, green or trail fees, tennis, bocce, pickleball, on site restaurant 6 heated pools throughout the community, card rooms, wood shop, fitness center, on site golf pro, and so much more. Guarded front gate 24/7 - Seven Lakes is located directly across from Bell Tower on US 41 -centrally located to shopping, dining, Barbara B Mann theater, minutes to RSW Airport, Downtown Ft Myers and Ft Myers Beach. All ASSESSMENTS PAID IN FULL!!!!! A tour of the community is well worth your time.
Source: NABOR #224066018
All values shown are estimated costs / mo.
Source: Public records
Source: NABOR #224066018
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.