209 Tropicana Pkwy W, Cape Coral, FL 33993
3 beds · 2 baths · 1,303 sqft
WELCOME TO YOUR SWFL DREAM HOME!!!!!!! This charming 3-bedroom, 2-bathroom pool home offers 1,350 square feet of thoughtfully upgraded living space, ideally located to enjoy all that Cape Coral has to offer:New Roof (2023) with durable architectural shingles Pool Resurfaced and Rubberized Deck (2023) for a refreshed, stylish look Hurricane-Rated 12x16 Shed (2020) and Storm Shutters (2019) for added protection Double-Pane, Hurricane-Rated Windows (2022), including a striking hurricane-rated picture window Pool Automation & Heat Pump (2018) and a Dedicated Pool Subpanel (2018) for effortless control Complete HVAC System (2023) with New Ductwork (2019) for maximum comfort and efficiency Tankless Water Heater (2021) and a Whole-House Water Softener & Filtration System (2020) for modern convenience Brand new Kitchen Cabinets (2024) and updated Main Bathroom Vanity & Toilet (2024) With all these upgrades, this home offers the perfect blend of comfort, convenience, and style. Imagine yourself cooling off in the shimmering pool, unwinding in the spa, or hosting memorable gatherings in the beautiful screened-in backyard oasis, ideal for cookouts, cozy evenings, and ultimate relaxation. SCHEDULE YOUR TOUR TODAY—YOUR CAPE CORAL PARADISE AWAITS YOU!!!!!!!
Source: NABOR #224089174
Financials
Source: NABOR #224089174
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.