3606 DENIA CT, Cape Coral, FL 33909
**Experience the Best of Entrada: At this Lakefront Gem** Welcome to the stunning, gated community of Entrada, where you can enjoy Resort-Style Amenities with Low HOA Fees and No CDD Fees! This Meticulously Maintained and Spacious Home is located on a cul-de-sac road, featuring one of the Longest Driveways in the neighborhood offering Ample Parking Space! Built by one of America's most popular builders, DR Horton, this Cali Floor Plan Boasts 1,828 sq. ft. of Spacious Living. As you enter the home, you’ll be greeted by a Large Entryway with Two Convenient Storage Closets. The Split Floor Plan ensures privacy, while the Open-Concept design seamlessly Connects the Kitchen, Dining, and Living Areas, all with Stunning Views of the Lake and its Tranquil Water Fountain! The Kitchen is a Chef's Dream, with ample Counter Space perfect for a Coffee Bar, a Large Island, and a Huge Walk-in Pantry. Off the Living Room, you'll find the Primary Bedroom, complete with an Updated En-Suite Bathroom featuring a Newly Tiled Shower with Modern Fixtures, a Dual Vanity, and Two Closets—One of which is an Over Sized Walk-In. The Three additional bedrooms are at the front of the home, ideal for guests or flex spaces to suit your lifestyle. Enjoy Breathtaking Sunsets from the Screened-In Back Lanai, which overlooks the Fenced-In Yard with Room for a Pool. Practical features for this home include Underground Utilities, Accordion Hurricane Shutters for the Entire House, and a 50-Amp Whole-House Generator in the Garage, all within Flood Zone X for added peace of mind! Located in a prime spot, you’ll have easy access to Fort Myers, Punta Gorda, I-75, Shopping, Dining, and Grocery Stores. Don't miss the chance to call this lakefront beauty in Entrada your new home!
You may be able to put down less than the total down payment amount of $173,538 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #224067580