5828 Mayflower Way, Ave Maria, FL 34142
2 beds · 2 baths · sqft sqft
Find your PIECE OF PEACE in this 2 bdrm/2 bath + Den home that shows like a model! This home was built to strict hurricane standards with high impact windows and doors. This property did not have any water issues or even lose power during the recent storms. You’ll find upgrades everywhere: Solar Panels with no loan balance, an electric bill that averages under $35, custom plantation shutters, tall ceilings with 8 foot doors, closet system by Inspired Closets, designer light fixtures and ceiling fans, an insulated garage door, tons of storage in the double garage including Kobalt cabinets and work benches, no-see-um screens on the lanais, 1 year old LG refrigerator, new washer and dryer in 2024, ring doorbell system, 21 x 21 tile floors on the diagonal, 4 usb outlets, and a whole home surge protector. There is no need for flood insurance with all of the lakes being interconnected and the lake levels are controlled. The sunrise view is breathtaking from this premium lot overlooking the lake and golf course! The backyard has plenty of room for you to add your own custom pool. Your individual mailbox is at the end of your driveway, so no traveling to the centralized boxes. Del Webb is an active 55+ gated community that offers tons of amenities including pickle ball, tennis, luxury resort pools, and newly updated clubhouse and gym. The HOA payment covers all amenities and lawn maintenance and irrigation as well as cable tv and internet service. Hop on your golf cart to visit the pool, town center, shops, and restaurants. This home is a must see.
Source: FORTMYERS #224076913
Interest rate and monthly payment estimated based on public records.
Source: FORTMYERS #224076913
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 30-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: #224076913
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.