466 REDWING ST, Lehigh Acres, FL 33974
NO HOA 4/2/2 THE PROPERTY CAN GIVE $36,000 OF ANNUAL INCOME Fishing canal, in front of golf course This house backs up to a canal and the Majestic Golf Course. Live with golf course views without the fees stunning 4-bedroom, 2-bathroom home featuring and a spacious lanai,We can sell you the lot on the side to adjust almost an acre . Location, Location, Location Fully fenced backyard. Move In Ready! This Roomy, Open and Airy 4 bedroom 2 bath home has a great location. Conveniently near SR 82, Daniels, Gateway, The airport, dining, shopping and much more. a ultimate relaxation and entertainment. upgrades, serene country living and convenient access to urban amenities. It's a peaceful retreat, yet just a stone's throw from the vibrant Shoppes at Lehigh and within a leisurely 30-mile drive to the sandy shores of Fort Myers Beach Enjoy the comfort , Enjoy sunny days in your private above-ground pool and relax ! Don't miss out on this beautiful home, schedule your tour today! Enjoy entertaining with an open floor plan, sliders to the covered lanai that overlooks a fresh water canal The home is 22156 + sqft featuring high vaulted ceilings in the living area, near SR 82This stunning single-family home boasts four spacious bedrooms, two bathrooms, and a two-car garage. With an office space included, this home is perfect for those who work from home or need a quiet space to study. The kitchen has beautiful granite counters and stainless steel appliances. The tile flooring throughout the home adds a touch of elegance and is easy to maintain. The open floor plan allows for seamless entertaining and family gatherings. The natural light that floods the home creates a warm and inviting atmosphere. The backyard is perfect for outdoor living and entertaining with plenty of space for a pool or outdoor kitchen. Located in a desirable neighborhood, this home is just minutes away from shopping, dining, and entertainment
You may be able to put down less than the total down payment amount of $37,143 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
What 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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #224045611
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.