5828 MAYFLOWER WAY, Ave Maria, FL 34142
Welcome to your dream home in Del Webb Naples! This stunning single family home, set on a Premium Lot, featuring "picturesque" Water and Golf Course Views has over $50K in upgrades, and there is room for your own custom built pool! A serene screened entry porch welcomes you with leaded glass window front door as you enter the home. The convenience of a mailbox at the drive ensures easy access to your mail, while quartz countertops, designer lighting and fans add a touch of elegance to every room. Custom plantation shutters with crown trim and custom window treatments throughout. With eastern and southern exposure, you'll enjoy natural light throughout the day. And with full solar, impact windows and doors, and whole house surge protection, you can rest easy knowing your home's energy efficient and protected from power surges. The 8' doors and custom closet systems add a luxurious touch, while the garage storage provides ample space for all your belongings. Whether you're relaxing on the lanai, taking in the views, or entertaining guests in the spacious living areas, this home truly has it all. Don't miss your chance to own this exceptional property in the sought-after Del Webb Naples 55+ active adult community in Ave Maria where everything is just a golf cart ride away! A full Social Membership is complementented with 18 sport courts, resort pool and spa, clubhouse, fitness center and so much more. Live the life you've always dreamed of in this beautiful and meticulously maintained home. Lawn Care, irrigation, basic cable TV and wi-fi are included with the HOA fee.
You may be able to put down less than the total down payment amount of $214,182 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: #224045995
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.