4341 SW 25th Ct, Cape Coral, FL 33914
4 beds · 3 baths · 2,346 sqft
Welcome to this amazing home showcasing pride of ownership at its finest! This residence features 2 primary suites, 4 bedrooms plus a den, 3 full bathrooms, and a 2-car garage. The neutral color scheme throughout exudes a coastal Mediterranean ambiance, creating a serene atmosphere. Large sliding glass doors seamlessly blend the indoor and outdoor living spaces, allowing for effortless entertaining and relaxation. The kitchen offers stainless steel appliances, granite countertops, and a convenient bar top. A brand-new energy-efficient A/C unit with a 10-year warranty ensures comfort and peace of mind. The primary suite offers tranquil waterfront views of the pool, complete with a full bathroom featuring a Jacuzzi soaking tub. Ceramic tile flooring and airy, open layouts enhance the sense of tranquility throughout the home. The private guest bedroom includes its own full bath and a private entrance to the pool area, ideal for use as a mother-in-law suite or accommodating guests. Nestled in one of SW Cape Coral's most sought-after neighborhoods, this home provides easy access to dining, shopping, and the pristine beaches of Sanibel and Fort Myers.
Source: NABOR #224093886
Financials
Source: NABOR #224093886
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.