6541 Cedarwood Ave, Fort Myers, FL 33905
3 beds · 2 baths · 2,277 sqft
Get a free consultation call with an expert in the mortgage assumption process.
LIKE NEW but even BETTER!! This 3-Bedroom+den, 2-bath, 2-car garage MOVE-IN READY home is located in the highly desirable neighborhood of Buckingham Park with NO HOA and NO FLOOD ZONE. The double door entry invites you into a well-designed floor plan of 1847 sf with split bedrooms and NEW TILE throughout – NO CARPET ANYWHERE. There are 12-foot. ceilings and 8-foot doors throughout the home. The expansive great room with coffered ceiling opens onto the over-sized screened lanai to provide the perfect flow for entertaining guests and holding family events. With a ¼ acre lot, there is plenty of room for a pool. For safety and security, all windows and sliding doors are HURRICANE IMPACT RESISTANT. The EAT-IN KITCHEN offers timeless 42” white wooden kitchen cabinets, stylish white QUARTZ countertops, a large peninsula with wrap-around breakfast bar, and stainless steel appliances. There is abundant natural light with a triple slider leading to the screened patio. The stone accent wall with fireplace in the living room and the framed wall in the dining room add special touches to the feeling of home. The primary bedroom suite includes a large bedroom, TWO WALK-IN CLOSETS, and private bath with dual sinks and a HUGE walk-in shower. The split bedroom floor plan offers two additional bedrooms and a full bath for your family and guests. The brightly lit den opens off the living room for your home office or whatever additional space your family needs. The long driveway and 2-car AIR CONDITIONED GARAGE give you ample room for your vehicles, toys, storage, and workout space. Buckingham Park is a growing community that offers that country feel while being within easy commuting distance of all that the Fort Myers area has to offer for work, shopping, sports, travel, and entertainment. Schedule your showing today! This is the one that is going to “feel like home!”
Source: FORTMYERS #224077286
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: FORTMYERS #224077286
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.