410 SW 43rd Ln, Cape Coral, FL 33914
3 beds · 2 baths · 1,600 sqft
Great place to call it home! This 3/2/2 home in SW Florida offers a perfect blend of modern amenities and Florida-friendly eco-conscious landscaping. Recently updated, the property features new water heater , new roof ,ensuring durability and energy efficiency for years to come. Recently remodeled kitchen with granite counter tops , new appliances , tiled backsplash and floor tile through out the house making both easy to clean and ideal for keeping cool in Florida's warm climate. Unique Mediterranean inspired decorative features through out gives the home a distinctive , handcrafted aesthetic, blending traditional and artistic elements.The backyard includes a space perfect for outdoor dining or simply enjoying the serene environment. With ample space there is potential for adding the pool or expending the garden.Situated in SW Cape Coral , the home is close to shopping, dining, A+schools , marina and some of the areas best parks and nature reserves making it ideal place for those who appreciate both convenience and eco-friendly Florida life style.
Source: FORTMYERS #224073733
Source: FORTMYERS #224073733
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.