3806 Country Club Blvd, Cape Coral, FL 33904
3 beds · 2 baths · 1,638 sqft
This lovely PARTIALLY REMODELED 3 bedroom, 2 bath, 2 car garage home located in south Cape Coral features a SPLIT BEDROOM floor plan with over 1,600 sq feet of living area. A front "Living" room and a back "Family" room are perfect for growing or blended families. The desirable split floor plan allows for privacy and serenity in a "full house" and could easily be divided for privacy for shared family situations. The sliding doors, sliding kitchen window, massive SCREENED PORCH and partially FENCED BACK YARD allow ease of entertaining; peace of mind while children at play or simply provide the perfect secure environment for your furry family members to move freely from inside to outside home. Master bedroom and bathroom have been REMODELED with wood like laminate flooring, new shower tile, new vanity, shiplap, fresh paint, fans and lighting fixtures. AC was replaced in 2021; Roof replaced in 2017; Hot water heater 2018. Other notable features of this home are stainless steel appliances, pass through window from kitchen to patio, dining area, large INDOOR LAUNDRY ROOM , automatic garage door, automatic sprinkler system and fully fenced in area off massive screened porch. This home is on city water and sewer with ASSESSMENTS PAID. Flood zone X500 NO MANDATORY FLOOD INSURANCE AND NO WATER INTRUSION from recent storms. The neighborhood is "walk and bike friendly" with sidewalks on both sides of street leading to multiple restaurants and entertainment in downtown Cape Coral. Drive approximately 20 minutes to Fort Myers Beach or Sanibel. Great schools and neighborhood parks! NO HOA. Seller will consider all offers including VA or FHA. $10,000 SELLER CREDIT TOWARD REPAIRS/UPGRADES WITH FULL PRICE OFFER!
Source: FORTMYERS #225019344
All values shown are estimated costs / mo.
Source: Public records
Source: FORTMYERS #225019344
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.