4328 NW 27th Ter Cape Coral, FL 33993
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About this home
Fall in love with this beautifully upgraded, custom-built metal-framed home in the highly sought-after NW Cape Coral—perfectly situated between three serene lakes! This spacious home features an open floor plan with soaring vaulted ceilings, creating an airy, light-filled living space ideal for entertaining or relaxing in style. The extra-large master suite offers a private retreat with plenty of room to unwind, featuring generous closet space and a luxurious layout. Enjoy peaceful Southwest Florida living in a neighborhood known for its natural beauty and the fastest boating access to open water in all of Cape Coral. Recent upgrades include:New roof with attic fans (2023),All-new gutter system with lifetime warranty Brand-new well pump (2023),Whole-house reverse osmosis (RO) water system,New irrigation control unit Surrounded by nature trails, parks, birding trails, and the Charlotte Harbor Preserve, this home is also near the prestigious Oasis North Elementary School. Come discover why everyone is making the move to NW Cape—where nature, comfort, and community come together.
Source: FORTMYERS #225040963
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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.