4001 E Sunflower Cir, Labelle, FL 33935
3 beds · 2 baths · 1,723 sqft
This comfortable 3 bedroom/2 bath home is ideally positioned on a much-desired corner site and greatly benefits from the shade provided by lovely mature oak trees - the landscaping cornerstone of this area. BONUS: The site is also adjacent to an extensive greenbelt giving the property a spacious, unencumbered ambiance that many crowded neighborhoods lack - and many home buyers seek. The home has vaulted ceilings as well as upgraded impact windows and doors, which were installed in 2021. Easy to maintain tile and laminate flooring are found throughout, perfect for those with children or pets. Best of all, the large eat-in-kitchen has both ample cabinet and counter space, a multi-shelved pantry, and it adjoins yet another separate dining area, which easily accesses the back yard through a sliding glass door - perfect for entertaining. The master bedroom has a private ensuite while the guest bathroom has a shower/tub combo. A utility room, just off the garage, provides washer/dryer hookups and additional storage capability, while the screened-in porch found on the front of the home gives homeowners and guests the perfect spot for enjoying a morning cup of coffee at sunrise, or an evening breeze at sunset. A roomy, 10' x 20' outbuilding can be found in the backyard, used to house tools or yard maintenance equipment. This Port LaBelle home is close to schools, shopping and restaurants and yet enjoys an enviable rural feel. Call today to schedule your private showing.
Source: FORTMYERS #225016842
Financials
Source: FORTMYERS #225016842
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.
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