11360 Timber Creek Dr, Fort Myers, FL 33913
4 beds · 3 baths · sqft sqft
This beautiful Trevi floor plan home is waiting for you in Timber Creek. With 4 Bedrooms and 3 Bathrooms in 2032 sf, you will have plenty of room for family and friends. The glass front entry door allows the sunshine to stream through the house. As you enter the Foyer, notice the tile floors and upgraded ceiling fans and lights throughout the house. The open concept Kitchen/Living Room/Dining Room are perfecting for entertaining. The Kitchen boasts granite countertops, stainless steel appliances, a large island and pantry. The spacious Primary Bedroom is situated separately from the other Bedrooms for optimal privacy. A 2nd Bedroom has a full ensuite Bathroom. From the Lanai, you'll be able to watch for wildlife in the gorgeous preserve just behind the home. Timber Creek offers an amazing new Amenity Center with basketball, state-of-the-art fitness center, lap pool, resort style pool, children's wading pool, tennis, pickleball, play area, sand volleyball, putting green and restaurant. This community is ideally located near RSW, restaurants and shopping. Don't miss your opportunity to live in this wonderful resort style neighborhood!
Source: FORTMYERS #224064592
You may be able to put down less than the total down payment amount of $85,384 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Interest rate and monthly payment estimated based on public records.
Source: FORTMYERS #224064592
Source: Public records
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #224064592
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.