9128 Leatherwood Loop Lehigh Acres, FL 33936
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About this home
The VA loan sellers currently hold is assumable. it needs to be assumed by another veteran who is able to assume the loan. Great price for this 4-bedroom, 3 full bathroom beautiful home! Why buy new when you can have everything you need and more with this outstanding Trevi model by Lennar in the gated community of Ibis Landing. This home shows like a model and has been meticulously maintained. Features in this beautiful home include impact windows and doors, quartz countertops, an attractive backsplash in the kitchen, white cabinets with pull-outs, a complete stainless steel appliance package, an energy-efficient mechanical package with AC, a hot water heater only 2 years old, tile throughout the entire home, a walk-in pantry, luxury lighting fixtures, window treatments in every window, LED lighting, and much more. As you enter through the expansive foyer, you are immediately greeted by a very open feel to a large family room, dining area, and kitchen. The natural sunlight and exquisite decor make you feel like you are in a luxury home. All bedrooms are large with ample closets. The master suite is spacious with two spacious closets. The primary bathroom has a large walk-in shower, dual sinks, a separate commode room, and a linen closet. Add to this a screened-in lanai area with a picture screen overlooking a nicely landscaped area that provides a quiet area to relax and entertain family and friends, and you have it all. The garage can house 2 vehicles and has much-needed additional storage. This home is ready for move-in and is situated in the very desirable Ibis Landing community, which offers golf and other amenities. Come secure your place in paradise now! A must-see before it is gone.
Source: FORTMYERS #2025003750
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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.