3281 Baravaldo Cir, Cape Coral, FL 33909
3 beds · 3 baths · 2,910 sqft

Get a free consultation call with an expert in the mortgage assumption process.
Back on the Market! After 30 days under contract with contingencies, the home is once again available—due to the buyer's inability to sell their home. This has opened an opportunity for you to own a stunning home! Elegant 2020-Built Lakefront Home with Extra-Large Backyard in a Gated Community with Resort-Style Amenities This stunning 3-bedroom plus den home spans 2,333 square feet and is situated on a pie-shaped lot with an expansive backyard overlooking serene lake and fountain views. Located in a prestigious gated community, this home combines privacy, elegance, and convenience. The interior features an open-concept design with custom crown molding and plantation shutters throughout. The spacious master suite offers a private retreat with a luxurious bath featuring a separate shower and soaking tub, as well as custom closets outfitted with high-end cabinetry. The den is a functional and stylish space for work or relaxation. The gourmet kitchen is equipped with granite countertops, a large island, undercabinet lighting, soft-close cabinets, and a walk-in pantry, making it ideal for entertaining or daily living. Three full bathrooms and the versatile layout complete this exceptional home. Step outside to your private oasis, complete with a custom saltwater pool with an electric heater, a paved lanai, and breathtaking views of the lake and water fountain. The 3-car garage features custom cabinets along two walls, while the total investment in cabinetry for the garage and master closet amounts to $18,000. The paved driveway enhances the home’s elegant curb appeal. This vibrant, golf cart-friendly community offers resort-style amenities, including a large community pool, clubhouse, bocce, lighted pickleball and tennis courts, and beautifully lit streets. Combining luxurious features with a prime location, this home is the perfect blend of elegance, comfort, and an active lifestyle. Schedule your private showing today!
Source: FORTMYERS #225006413
All values shown are estimated costs / mo.
Source: Public records
Source: FORTMYERS #225006413
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.
