2629 SW 4th Pl, Cape Coral, FL 33914
3 beds · 2 baths · 2,519 sqft
This property combines luxury, comfort, and location, making it the perfect home for those seeking a stylish and convenient lifestyle. Elegant 3-Bedroom + Den Home with a 3-Car Garage. Sleek, modern aesthetic with a double-door front entry, featuring an eye-lit window above for natural light.Impact windows and sliders. 8-foot doors throughout add a touch of luxury and openness. Gourmet Kitchen offers Granite countertops, stainless steel appliances, and soft-close cabinetry elevate the kitchen experience. Leonor window coverings and tray ceilings add elegance throughout. The master suite features sliders that lead directly to the pool, dual sinks, a makeup counter, soaking tub, separate shower, and his-and-hers walk-in closets. Porcelain tile throughout the main areas with plush carpet in the bedrooms. The second bathroom serves as a pool bath, complete with dual sinks and a tub/shower combination. A dedicated laundry room with a sink and cabinetry offers convenience. Garage features an epoxy-coated floor. Pocket sliders lead to the lanai, where you’ll find pavers and a pool with a wading area for chairs and pool heater. The 6-foot white vinyl fence encloses a spacious backyard with beautiful plants lining the perimeter. Immaculate landscaping surrounds the property, creating a welcoming atmosphere.
Source: FORTMYERS #224065715
Source: FORTMYERS #224065715
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: #224065715