3802 SE 3rd Pl, Cape Coral, FL 33904
4 beds · 2 baths · 2,983 sqft
Don't miss this nicely appointed 4 Bedroom Home on a 3 Lot Site with a Oversized 3 Car Garage! With Over 2,200 Sq. Ft. Under Air, this home will likely check off all the boxes on your list! The Features and Upgrades abound on this home including New Roof 2024, Rescreened Pool Cage 2024, New Pool Heater 2024, New White Vinal Fencing 2024 with Large Gates on each side, Pavered Pool Deck & Lanai, New Tongue & Groove Ceiling on Lanai, Fresh Paint Inside & Out including Ceilings, New Carpet in All Bedrooms and New Vinal Plank Flooring in Living Room and Dining Room. The Master Bedroom is Large and Features a Sitting Area with a Bay Window. The Dual Walk In Air Conditioned Closets will accommodate all your needs. The Kitchen is a Chefs Delight with New Back Splash and Stainless Appliance Package. The Garage is certainly noteworthy as its an oversized 3 Car Air Conditioned Garage with a good sized work bench. Outside there is a Large Shed which is perfect for all of your storage needs and the Club Car inside is negotiable as is much of the furniture inside. The Numerous Fruit Trees on the property will delight your taste buds with the likes of Banana, Mango, Avocado, Orange and Meyer Lemon. Hurry on this one as it's rare to find a Large Pool Home in SE Cape on a Three Lot Site with an Over Size Three Car Garage!
Source: FORTMYERS #225024266
Financials
Source: FORTMYERS #225024266
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.