7452 Berkshire Pines Dr, Naples, FL 34104
2 beds · 2 baths · 1,490 sqft
Welcome to your peaceful retreat nestled in the heart of the Berkshire Lakes community of Naples. This 2-bedroom, a den, and 2-bathroom villa offers a tranquil escape designed for relaxation and entertainment. As you step inside, you’re greeted by an open floor plan with vaulted ceilings, creating an airy atmosphere. The kitchen is both stylish and functional, featuring granite countertops, stainless steel appliances, and a convenient pantry—perfect for preparing meals while staying connected to the heart of the home. The primary suite is a sanctuary with crown molding, ample closet space, and a luxurious Kohler jetted walk-in tub. Beyond the sliding glass doors, an extended screened lanai and covered seating area offer a peaceful space to sip your morning coffee or host an evening gathering. The expansive composite deck is perfect for entertaining, while the large fenced-in backyard provides a safe and private retreat for your pets to roam freely. This home is built for peace of mind, featuring hurricane-impact windows and doors and a 2019 roof. The attached two-car garage adds extra convenience and storage space. Living in Berkshire Lakes means enjoying a vibrant community with resort-style amenities, including a pool, clubhouse, tennis and pickleball courts, and scenic lakefront paths for biking and jogging. Just minutes from shopping, dining, and Naples' world-famous beaches, this home offers the perfect blend of serenity and accessibility. Come experience the lifestyle you’ve been dreaming of—your piece of paradise awaits!
Source: NABOR #224089835
Financials
Source: Public records
Source: NABOR #224089835
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.