625 El Dorado Blvd N Cape Coral, FL 33993
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About this home
Exquisite, Picture-Perfect Estate in a Prime Location with Transferable VA Loan 3.2%!!! an Exceptional Low Interest Rate! Freshly painted interior! Step into this stunning residence, where sophistication and comfort blend seamlessly. This magnificent home, featuring 3 spacious bedrooms plus a den and 2 lavishly appointed bathrooms, offers the perfect balance of elegance and functionality. The thoughtfully designed split bedroom floorplan, coupled with a Jack & Jill bathroom, ensures both privacy and convenience, ideal for family living or hosting guests. Meticulously maintained and move-in ready, this home exudes charm and style at every turn. The meticulously landscaped grounds, combined with a private fenced-in backyard, create an oasis that feels more like a luxury resort. Step outside and enjoy the Florida sunshine on your expansive screened lanai, with a generous backyard offering endless possibilities—including the space to add your very own pool. Perfectly situated in a coveted area, this estate is just moments away from exquisite dining, upscale shopping, pristine beaches, vibrant parks, boat ramps, scenic trails, and key locations such as Pine Island, Matlacha, and the Burnt Store Seven Islands Project. The home has been thoughtfully updated with modern touches, including a 2020 Air Conditioning System, 2021 Water Heater, 2019 Water Treatment System, 2021 Pressure Tank, 2021 Exterior Paint, and a brand-new Roof installed in 2023. This extraordinary residence is ready for you to claim as your own—an unparalleled opportunity to live in a home that combines beauty, luxury, and convenience. Don’t miss out on this once-in-a-lifetime chance to own your dream home! Veteran Friendly.
Source: FORTMYERS #2025015198
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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.