8012 Mangrove Cir, Labelle, FL 33935
3 beds · 2 baths · 2,250 sqft
UPGRADED 2020 BUILT HOME on a HALF ACRE + POLE BARN + WORKSHOP. This is “the one” you have been searching for if you are looking for space both indoor AND outdoor, functionality and style! Situated on a half acre lot in a peaceful Port LaBelle area the yard features a 30ft x 48ft custom pole barn with running power and water. The barn within has a 1080 sqft of concrete base and within the barn is a 240 sqft workshop/storage room with AC that has future possibilities for an efficiency. The back patio has been extended with pavers providing the perfect area for relaxing/sunbathing with privacy as a metal privacy fence with 24ft electric gate is in place. The actual home was constructed with durability and efficiency in mind as the entire home has all impact windows and doors, metal roof, and spray foam insulation. The interior offers a split bedroom open floor plan featuring a sleek kitchen with white soft close cabinetry, quartz countertops, tile backsplash and stainless appliances. All three bedrooms have custom closet cabinetry/shelving perfect for extra organization. In the primary bedroom and living area there are 9ft ceilings with tray design. The entire home is tiled with upgraded lighting throughout. Also, can’t forget not only is there no HOAs/restrictions, the area is designated Flood Zone X (No Flood Zone) that’s a win-win! Call and schedule your showing today!
Source: FORTMYERS #224055575
Source: FORTMYERS #224055575
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: #224055575