5413 SW 24th Pl, Cape Coral, FL 33914
3 beds · 2 baths · sqft sqft
This stunning home, constructed in 2006, is in the highly sought-after SW Cape Coral Area. Impeccably maintained, this residence boasts 3 bedrooms, 2 full baths, a 2-car garage, and numerous luxurious features. The home's grandeur is evident from the moment you step through the 8' double entry doors, leading into the great room, and an open-concept kitchen. Kitchen is complete with a large island, granite countertops, high-end shaker style cabinetry, and all new stainless-steel appliances. A 500-gallon propane tank runs the gas stove, tankless water heater, and pool heater, and is ready for your generator. The main living areas have 20" porcelain tile, and 4 panel pocket sliders that open to the expansive lanai with pool bath and an inviting saltwater pool, complete with waterfall. The screened lanai runs the length of the home, and the privacy landscaping makes it a real backyard oasis. The master suite is a true retreat. It is spacious with an exquisite, tray ceiling, and sliders to the lanai. A lavish master bath with a double head shower with rain head, steam shower for health and wellness, double vanities as well as generous walk-in closets. Guest bedrooms are oversized with vaulted tray ceilings, and new laminate flooring. This home has hurricane shutters, a new metal roof, and a transferrable flood policy. Located near shopping, boating, and beaches, this home offers luxury and convenience. Experience the beauty of this property and request a tour today.
Source: FORTMYERS #224081320
Interest rate and monthly payment estimated based on public records.
Source: FORTMYERS #224081320
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
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.
MLS ID: #224081320