3446 Pinetree Dr Saint James City, FL 33956
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About this home
***LOCATION, LOCATION, LOCATION*** Unbelievable opportunity! Take advantage of the Assumable loan of only 2.375%!!! WOW! We will probably never see rates this low again!! Waterfront Luxury with Unmatched Views & Quick Gulf Access! This beautifully upgraded 3 bed, 2 bath home offers the ultimate Florida lifestyle with a solar-heated pool, above-ground hot tub, and breathtaking views of an intersecting canal—just 2 minutes to open water! Enjoy effortless boating with a covered electric boat lift, a private kayak launch, and oversized lot (.33+ acres) complete with private parking across the street for your RV, trailer, or extra toys. Inside, you'll love the spacious living area with tile flooring throughout, quartz countertops, and high-end Jenn-Air stainless steel appliances with an induction cooktop in the grand kitchen. Step outside to an entertainer’s dream—featuring an outdoor kitchen, gorgeous decking, a covered lanai, and ample room for gatherings. The fenced-in yard featuring a grass dog run, also includes his and hers sheds. Th front yard is adorned with many ornamental plants and zero-maintenance landscaping for easy living. This home has it all—location, luxury, and lifestyle. Whether you're a boater, entertainer, or simply looking to relax in paradise, this one checks every box!
Source: FORTMYERS #225061173
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Close stress-free in 45 days, handled start to finish by Roam.
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.