2091 Marlin Way, Englewood, FL 34224
5 beds · 4 baths · 3,462 sqft
PRICE ADJUSTMENT! This home was custom-built by a builder for his own personal residence. In a serene neighborhood, this spectacular five-bedroom, 3.5-bath home boasts an impressive 3,594 square feet of luxurious living space and is designed to elevate your lifestyle. Step inside and be greeted by the grandeur of cathedral ceilings and an open floor plan that effortlessly connects the living, dining and kitchen areas. The first floor features exquisite travertine flooring imported from Italy, setting an opulent tone from the moment you walk in. The gourmet kitchen is a chef’s delight with granite countertops, stainless steel appliances and a newer stovetop, offering beauty and functionality. The grandeur continues into the living room where a stately, wood-burning fireplace framed in granite becomes the heart of the home, ideal for cozy evenings. Upstairs, a loft with a catwalk adds a touch of elegance and extra space for a home office, library or play area. This home is designed for versatility and comfort, featuring not one but two primary suites, one on each floor, ideal for multi-generational living or accommodating guests with unparalleled ease. Step outside into your personal paradise. The oversized lanai frames a stunning pool and hot tub, where you’ll enjoy breathtaking Florida sunsets in your west-facing, completely fenced-in backyard. Whether hosting summer barbecues or simply unwinding under the stars, this outdoor space will become your sanctuary. Additionally, this home offers practical luxuries such as two new air-conditioning units ensuring year-round comfort, and a spacious three-car garage along with a whopping 3,800-square-foot concrete driveway, ideal for accommodating multiple vehicles, boats or RVs. Situated on two lots, the expansive property provides ample privacy and room to breathe. With every detail considered for luxury and convenience, this home is more than just a place to live, it’s a lifestyle. Don’t miss the opportunity to call this exceptional property your own. Furniture is negotiable! Homes like this are rare and highly sought after. Schedule your private showing today and step into a world of elegance, comfort and endless possibilities!
Source: STELLAR #n6134161
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #n6134161
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: #n6134161
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.